I've already reached out to him on other threads and via PM. So far he hasn't been even remotely clear on what he has or how much he's willing to sell it for, so there's no way for us to know if it's something worth crowdfunding.
He claims no one in the XMR community is interested in what he has, but he needs to meet us somewhere in the middle. I personally think he has no interest in ever selling his information, which is why he's so reluctant to name a price.
Nicely put. In any case, I believe this time it's his turn. Either he wants to reveal what he has (ie: describe in detail what he has managed to solve / created) or we assume he has nothing at all. Simple as that. In any case if he has something usable and worthy from the XMR devteam, I repeat what I wrote in his "ion" thread; I'm willing to donate some of my XMR stash in order to buy his work if he's for real.
Let's see what he decides.
Since I'm new to all of this, what has this guy said to have created that's better than the current ring sig/CT thing we are working on already? Does he claim to have some better way to implement this stuff or something of the sort?
He's stated (without going into much detail) to have solutions to mining centralization, instant transactions, scalability, anonymity, etc. To quote:
The current focus of my development on this coin is to complete a novel consensus network design which has proposed the following fixes to flaws in Satoshi’s design while retaining proof-of-work as unbounded entropy[1]:
- Censorship resistance even if mining is entirely centralized.
- Attack-free instant zero confirmation instantaneous transactions.
- Impervious to selfish mining and 51% attacks.
- Transaction rates virtually unbounded by block chain bandwidth and size.
- Resilient against network fragmentation.
- Decentralization of pools and ASICs by making them uneconomic.
- Non-heuristic Sybil and DoS resistance.
None of the above is a joke nor exaggeration. I am entirely serious. My programming background and expertise is documented in the archives of my prior usernames.
Currently unreleased white papers will not be published until this coin is nearer to release to insure these designs are released first in our coin.
Thus for the time being I will not be providing more details on how the above features are accomplished.
He has some health issues that are limiting his productivity on his project (but he made it clear to me he's still working), which brought up the possibility that he'd be willing to sell some or all of his design.
I just realized we're in the speculation thread, so we should probably move this discussion to the main XMR thread.
