█████ ***** THE ZEROCASH SOURCE - Truly anonymous coin ***** █████ - page 12.

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

Quote from: Solariz on February 27, 2014, 05:25:18 AM

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.

Solariz

newbie

Activity: 5

Merit: 0

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

Ente

legendary

Activity: 2126

Merit: 1001

Quote from: mechanikalk on February 26, 2014, 02:26:46 AM

I really hope that the developers of zero coin are intentionally delaying the release of this coin to prevent a harsh crack down from regulators globally. Bitcoin first needs to hit truly critical mass before this type of heat is brought against the technology.

Right now would be a bad time for launch, I agree. Just look what happened to the huge news of neo/bee launch a few days ago..

Ente

mechanikalk

member

Activity: 99

Merit: 91

I really hope that the developers of zero coin are intentionally delaying the release of this coin to prevent a harsh crack down from regulators globally. Bitcoin first needs to hit truly critical mass before this type of heat is brought against the technology.

Lloydie

full member

Activity: 140

Merit: 100

I hope it is scrypt jane, to make what i consider to be the ultimate coin.

BitLudmann

newbie

Activity: 23

Merit: 0

Based on SHA-2, Scrypt or SHA-3? may be mix?

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

The First 3 Generations of Bitcoin Mixing

http://letstalkbitcoin.com/the-first-three-generations-of-bitcoin-mixing-technology/

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

Market-Based Reactions to New Bitcoin Regulation

Is it even possible for New York to ban tumblers that exist on the global Internet? How will the cryptographic free market respond to encroaching regulation into the market for Bitcoin?

Zerocoin and CoinJoin represent two attempts to restore the balance in making digital cash as private as physical cash today. They operate in a decentralized manner without requiring trust in a third party.

Originating from Johns Hopkins University, the first Zerocoin plan was a proposed extension to the Bitcoin payment network that added anonymity to Bitcoin payments and used provably secure cryptographic techniques to ensure that Bitcoins cannot be traced.

After refusing to gain traction among the bitcoin user and developer communities, creators Matthew Green and Ian Miers decided to launch Zerocoin as its own independent cryptocurrency complete with separate block chain and reward incentive system. The Economist refers to Zerocoin as “washing virtual money”.

http://www.coindesk.com/market-based-reactions-new-bitcoin-regulation/

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

correct, go to the scam section please Wink

Ente

legendary

Activity: 2126

Merit: 1001

Quote from: ?? on ??

So why should I care about Zercoin that smacks of mainstream establishment development that's probably got more NSA backdoors that Obama's underwear when Darkcoin already exists and doesn't bloat the blockchain?

Because

Quote

Encrypted transaction network: Work In Progress
Anonymous blockchain using coinjoin technology: Work In Progress

it's not working as it would like to work.
It's just another copycat until proven otherwise.

This topic will be moderated away again anyway ;-)

Ente

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

Quote from: xDan on February 21, 2014, 06:05:55 AM

Quote from: superresistant on February 21, 2014, 05:09:54 AM

You deleted all the conversation concerning the Zerocoin generation.

What information do you have then ?

yeah, this is a little suspicious - a potential negative to this coin, and comments about it are deleted. Please explain

hello,

please only talk about Zerocoin in this topic and dont make advertising for stupid scam coins (sorry). you can talk about the scam coins elsewhere.

and as i said: i dont think its pre-mined. if the coin would be pre-mined, i would close this whole thread and leave Zerocoin where it is. Roll Eyes

cheers!

superresistant

legendary

Activity: 2156

Merit: 1131

Quote from: Searing on February 21, 2014, 06:57:40 AM

yep mine was deleted to re-phrase the question to match this thread
"Does anyone know if zero coin is going to be premined or not..?"
there that should be legit enough
Searing

I guess it was because we were going on the edge of the FUD but censorship is not the best answer, we want information.

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: xDan on February 21, 2014, 06:05:55 AM

Quote from: superresistant on February 21, 2014, 05:09:54 AM

You deleted all the conversation concerning the Zerocoin generation.

What information do you have then ?

yeah, this is a little suspicious - a potential negative to this coin, and comments about it are deleted. Please explain

yep mine was deleted to re-phrase the question to match this thread

"Does anyone know if zero coin is going to be premined or not..?"

there that should be legit enough

Searing

xDan

hero member

Activity: 688

Merit: 500

ヽ( ㅇㅅㅇ)ﾉ ~!!

Quote from: superresistant on February 21, 2014, 05:09:54 AM

You deleted all the conversation concerning the Zerocoin generation.

What information do you have then ?

yeah, this is a little suspicious - a potential negative to this coin, and comments about it are deleted. Please explain

superresistant

legendary

Activity: 2156

Merit: 1131

You deleted all the conversation concerning the Zerocoin generation.

What information do you have then ?

dwma

sr. member

Activity: 405

Merit: 250

Quote from: Amph on February 19, 2014, 07:48:28 AM

make it scrypt-n

Agreed!

Amph

legendary

Activity: 3248

Merit: 1070

make it scrypt-n

Jungian

legendary

Activity: 930

Merit: 1010

Quote from: knightcoin on February 18, 2014, 11:57:39 AM

my prediction is:

hard times with financial authority, government regulations, etc...
Question... why exactly money should be anonymous ?.. I mean .. the philosophy behind that theory

That's why we need a ANONYMOUS currency, to avoid them. If we can't stay away from government, then it's not anonymous enough.

We need a currency to make marketplaces like Silkroad working again. Bitcoin is very easy to track and will be the government approved currency. Now we need a new coin that delivers on the tabloid headlines that bitcoin used to create.

xDan

hero member

Activity: 688

Merit: 500

ヽ( ㅇㅅㅇ)ﾉ ~!!

Quote from: knightcoin on February 19, 2014, 12:11:06 AM

Thinking about fungibility actually reminds the opposite like art, or a personalized goods ...

thanks, you guys are priceless

if Bitcoin was used primarily as a store of value, as art is, and only rarely was to be passed between people and used as a money, then fungibility would be less important.

lack of fungibility means individual units of the currency might have different perceived values despite supposedly being the same.

perhaps we see it already with large investors preferring to buy newly mined coins, people worrying about "taint".

it's nice for authorities who want to track the proceeds of what they consider at any given moment to be a crime, but it potentially makes accepting and use of money more complex.

simple = good
complex = bad

and then there's the personal privacy angle.

(oh look, an address 2 steps from the one I used to pay at the local store has turned up in a porn site hack. Or an address 3 steps away shows a large sum which is my savings account balance. Should everyone know about those?)

surfer43

sr. member

Activity: 560

Merit: 250

"Trading Platform of The Future!"

100% fungible, even more so than cash. Cool

Topic: █████ ***** THE ZEROCASH SOURCE - Truly anonymous coin ***** █████ - page 12. (Read 53598 times)

Topic: █████ * THE ZEROCASH SOURCE - Truly anonymous coin * █████ - page 12. (Read 53598 times)