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Topic: █████ ***** THE ZEROCASH SOURCE - Truly anonymous coin ***** █████ - page 11. (Read 53579 times)

copper member
Activity: 2898
Merit: 1465
Clueless!
hopefully not sha-256 based, would be unfair  Smiley

as one with a 555gh Jupiter hell yes it would be unfair..but the PR splash alone you could make with a sha-256
coin with a hook like anon zero coin etc (all they need now is a meme)

would be a hoot

just want to mine something with my toy this summer even if it is a delusional coin hope

Searing
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
hopefully not sha-256 based, would be unfair  Smiley
copper member
Activity: 2898
Merit: 1465
Clueless!
sigh i just want to know if it is gonna be sha-256 based (i know very very unlikely)...

want to keep my 555gh knc jupiter going on something zerocoin would be fun to do

alas.....it is more likely to be a door stop

but the fun and excitment of all the laptop/gpu/sha-256 units springing back to zombie life...heh...the frantic
search for 333mh block eruptors on the day they w/o premine say at 12 midnite this date....difficulty 0

ie ahem "gentleman start your dies/cores"

it would be do cool (alas as likely as bfl giving me a refund on my monarch card and satoshi being discovered..on the same day (or at least bfl's annoucement of such)....er wait that happened yesterday

(clueless hope springs eternal...bfl giving a refund on my monarch ALL is POSSIBLE!

Searing
legendary
Activity: 1022
Merit: 1000
where did you read, that they "walk away" after release? they worked 1,5 years on that, would be a little bit strange if they would do this, its their baby.

Ah, I can't find the quote now, but it was from a video where he answered questions from the public.

Basically he said

"We are cryptographers and do this as a science project. Once the open code is out there, we will walk away from it and observe what the community does with it"

To me it seems that they are more interested in getting publications in scientific journals than actually establishing a new competitive Alt-coin.
I find the project very fascinating, so I hope I am wrong about this.

If they really do shortly after the code is released, (I hope they manage to put a GUI in there before they leave), it will be a messy grab for the lead by different teams to put a working update/fork out there to profit from the first mover advantage/innovation boost=price appreciation of any chain that can successfully make use of the Zerocoin code base. In that case I would bet Anoncoin takes the lead as they will already be familiar with the complicated code mechanics and have their own implementation out there (they just announced Anoncoin/Zerocoin testnet to come online in 3-4 weeks from now.).
legendary
Activity: 1022
Merit: 1000
A coin that is designed just to be anonymous is completely pointless.

You can already make yourself anonymous with BTC with physical BTC paper wallets/coins amoung many other ways that really do allow you to be truely anonymous, depending on how you approach it.

No one but scum bags will EVER support a coin designed to be anonymous, the risks of allowing anonymous money through the internet are way too huge.

Infact, I'm sure the Illuminati will support zcoin.

Weren't the Illuminati supposed to be the control seekers? Im confused.. Huh
legendary
Activity: 1022
Merit: 1000
I hope they stick to the idea of altchain release and dont attempt a totally overbought IPO Ethereum style.. Huh
hero member
Activity: 596
Merit: 500
newbie
Activity: 25
Merit: 0
When will zerocoin be launched?
full member
Activity: 140
Merit: 100
Complete anonymity! really do not know is good or bad
newbie
Activity: 41
Merit: 0
Looking forward to it. Good thoughts, good stuff.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
Quote
There will be a window of opportunity to wrest value out of the hands of the entrenched before a new regime finds a way to entrench itself.

I understand what you are saying and have considered that a possibility also but I really do think this time is different.

Without wanting to derail this thread very much more I'll explain why ...  Smiley

Software is just about as close as you will get to the realm of pure ideas made real. Clearly regulators, beholden to entrenched interests or not, cannot regulate free thinking and just as mathematics, philosophy, theoretical physics and other abstract sciences are true free markets software manifestations of these fields are also free to spring forth unhindered, except albeit by the dogma of their own fields. Now with bitcoin, the invention of new monetary products and abstract fields like mathematics have collided, manifest as a software product, ready to function in the physical world on the internet. There really is no future that I can envision where this genie can be put back in the bottle. Whatever regime holds sway will forever know that they are but one bright idea away from obsolesence, regardless of what congressman, or media conglomerate they have on their payroll. Money has now joined the realm of free thinking, the war of ideas is it new home, and battleground.

This for me is the most fundamental shift that bitcoin provides, monetary science has become an applied science field and finds itself plonked down right between computer science and applied mathematics, the internet is its laboratory and programming geniuses skilled in cryptography are its practitioners.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
where did you read, that they "walk away" after release? they worked 1,5 years on that, would be a little bit strange if they would do this, its their baby.

Ah, I can't find the quote now, but it was from a video where he answered questions from the public.

Basically he said

"We are cryptographers and do this as a science project. Once the open code is out there, we will walk away from it and observe what the community does with it"

To me it seems that they are more interested in getting publications in scientific journals than actually establishing a new competitive Alt-coin.
I find the project very fascinating, so I hope I am wrong about this.

Translation: Somebody else will have to take the heat when the feds come knocking with special requests.

As long as it is in the interests of science ... free market experimentation driven by curiosity will only happen where the regulation boundaries end.

A bit of a chicken and egg problem there. It will actually take a messy combination of subverting existing boundaries and creating new ones. Those boundary conditions you mention exist because it is a means to profit for some party or other.

What has happened historically is the boundaries become evermore convoluted, gray at the edges and diffuse until eventually they just dissolve Smiley

You know they are already fighting a loosing battle when the only true innovators are those in Universities doing it for 'fun' ... Goverments are stifling free market innovation and experimentation in the actual markets that most need it, this symptom makes it crystal clear. The corollary is that the massive problems that beset the financial markets is due to the obvious over-regulation of monetary products.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
Is Zerocoin expected to be listed on any particular exchange?

maybe this one:

http://zerotrade.org/

but it will also be on other exchanges.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
where did you read, that they "walk away" after release? they worked 1,5 years on that, would be a little bit strange if they would do this, its their baby.

Ah, I can't find the quote now, but it was from a video where he answered questions from the public.

Basically he said

"We are cryptographers and do this as a science project. Once the open code is out there, we will walk away from it and observe what the community does with it"

To me it seems that they are more interested in getting publications in scientific journals than actually establishing a new competitive Alt-coin.
I find the project very fascinating, so I hope I am wrong about this.

Translation: Somebody else will have to take the heat when the feds come knocking with special requests.

As long as it is in the interests of science ... free market experimentation driven by curiosity will only happen where the regulation boundaries end.
legendary
Activity: 1190
Merit: 1000
Is Zerocoin expected to be listed on any particular exchange?
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
"We are cryptographers and do this as a science project. Once the open code is out there, we will walk away from it and observe what the community does with it"

To me it seems that they are more interested in getting publications in scientific journals than actually establishing a new competitive Alt-coin.
I find the project very fascinating, so I hope I am wrong about this.

I can understand people not wanting to get into the arms race that is alt-coins. They release the tech; others do the dirty work of creating the coin that has most desired features. I doubt everyone will be happy with whichever hashing algorithm they choose.

I just hope they don't abandon it completely and stick around to fix any problems.

i would expect this but lets see  Wink
hero member
Activity: 688
Merit: 500
ヽ( ㅇㅅㅇ)ノ ~!!
"We are cryptographers and do this as a science project. Once the open code is out there, we will walk away from it and observe what the community does with it"

To me it seems that they are more interested in getting publications in scientific journals than actually establishing a new competitive Alt-coin.
I find the project very fascinating, so I hope I am wrong about this.

I can understand people not wanting to get into the arms race that is alt-coins. They release the tech; others do the dirty work of creating the coin that has most desired features. I doubt everyone will be happy with whichever hashing algorithm they choose.

I just hope they don't abandon it completely and stick around to fix any problems.
newbie
Activity: 5
Merit: 0
where did you read, that they "walk away" after release? they worked 1,5 years on that, would be a little bit strange if they would do this, its their baby.

Ah, I can't find the quote now, but it was from a video where he answered questions from the public.

Basically he said

"We are cryptographers and do this as a science project. Once the open code is out there, we will walk away from it and observe what the community does with it"

To me it seems that they are more interested in getting publications in scientific journals than actually establishing a new competitive Alt-coin.
I find the project very fascinating, so I hope I am wrong about this.
member
Activity: 98
Merit: 10
I have a couple of basic questions and would appreciate it if someone could address them.
1) The developers have repeatedly stated that they will "Walk Away" from the project once it is released. As Zerocoin is a protocol, probably with flaws needing to be fixed or tweaked, how will the future development and management of Zerocoin be safeguarded ?
2) Without a Blockchain, how will you be able to "prove a transaction" later on (if used to buy goods from an online store etc.) ?
Thanks
where did you read, that they "walk away" after release? they worked 1,5 years on that, would be a little bit strange if they would do this, its their baby.

That's what Satoshi Nakamoto did.


Or did he?
legendary
Activity: 2156
Merit: 1131
I have a couple of basic questions and would appreciate it if someone could address them.
1) The developers have repeatedly stated that they will "Walk Away" from the project once it is released. As Zerocoin is a protocol, probably with flaws needing to be fixed or tweaked, how will the future development and management of Zerocoin be safeguarded ?
2) Without a Blockchain, how will you be able to "prove a transaction" later on (if used to buy goods from an online store etc.) ?
Thanks
where did you read, that they "walk away" after release? they worked 1,5 years on that, would be a little bit strange if they would do this, its their baby.

That's what Satoshi Nakamoto did.
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