Zerovert - First Truly & Only Anonymous Coin with Zerocoin | Mandatory Upgrade ! - page 19.

BanditryAndLoot

member

Activity: 70

Merit: 10

Activity: 350

Quote from: ItsNotMe on November 05, 2014, 04:07:00 PM

This is not zerocoin "implementation"...this is a "do it yourself" project. - https://bitcointalksearch.org/topic/m.9449600

Yes I saw your protracted version of the main site, which I've already seen.

It looks like their ZeroCoin implementation hasn't been integrated with the wallet software, to which you should be asking the question: Hey dev, when you go open source, will you be integrating your ZeroCoin implementation with the wallet software.

and not: OMG scam, I have to type things into the COMMAND LINE with this alpha-level software.

I'm wondering how, when I've spent the last day going over this, and have been able to draw no conclusions about the efficacy of this project, how you've managed to come to these conclusions?

Asura

newbie

Activity: 32

Merit: 0

Quote from: BanditryAndLoot on November 05, 2014, 04:10:25 PM

Quote from: Asura on November 05, 2014, 04:06:07 PM

It's pretty obvious this is a scam for a few easy BTC.

Then don't buy it. If it's a scam, they'll fade away. Unless you have proof?

Hard to prove it's fake when he hasn't released the source to be examined.
Hard to prove it's real when he hasn't released the source to be examined.

spacelab

sr. member

Activity: 528

Merit: 250

Lol wtf is up with rental prices. 13btc/gh wtfwtfwtf

BanditryAndLoot

member

Activity: 70

Merit: 10

Activity: 350

Quote from: Asura on November 05, 2014, 04:06:07 PM

Zerocoin in itself isn't hard to implement. Fixing the flaws with it is.

That's what I meant by 'there's other things to worry about'

Quote from: Asura on November 05, 2014, 04:06:07 PM

Right now there is a coin with no source, claiming to have a working ZeroCoin implementation, without any notification of whether or not the major issues behind it have been corrected or not.

That's what I meant by 'if this is a working ZeroCoin implementation'

Quote from: Asura on November 05, 2014, 04:06:07 PM

On top of this, the massive premine,

So, two people disagree with the premine, and at least three agree with it that I know of. That's fine.

Quote from: Asura on November 05, 2014, 04:06:07 PM

It's pretty obvious this is a scam for a few easy BTC.

Then don't buy it. If it's a scam, they'll fade away. Unless you have proof?

jasemoney

legendary

Activity: 1610

Merit: 1008

Forget-about-it

setting the premine aside. looks like we have to mint each zerocoin(ZER) from our zerovert (zVert) easy process. if anyone is afraid of CLI usage GET OUT OF ALTCOINS!. then setup a raw transaction. So what happens when we want to pay someone 100 ZER we have to mint 100 individually then string along a huge input list? Clarity plz & thx.
PS im sure someone will implement a quick easy button assuming everythign works out here and is proven Cheesy

ItsNotMe

full member

Activity: 238

Merit: 100

Quote from: BanditryAndLoot on November 05, 2014, 04:03:24 PM

Quote from: ItsNotMe on November 05, 2014, 03:55:04 PM

Quote from: jasemoney on November 05, 2014, 03:53:13 PM

Quote from: shojayxt on November 05, 2014, 03:45:04 PM

Quote from: jasemoney on November 05, 2014, 03:38:35 PM

its 10 minute blocks target time not 60 sec.. its been 3.5 hrs and theres ~180 blocks only. Half in first 30 min. Retargeting is trying to play catchup to the hash coming online.

It will take a long time to catch up with that 2.5% premine/210,010 coins

its ok we lived through this stuff before right? you want to be able to mine or pay for ICO, dev's gotta make money some how.

Damn...the devs coins will be the ONLY coins on the market for months. Glad to see people are starting to sniff this one out before people get burned...again.

Soo..4-5 month 2% IPO?

Do you think it really matters? I see that you have obvious discomfort with it and I'm sorry, but the reality is that even if all the premine coins get sold, the worst that can happen economically is that the price is cheap for months if nobody's on board with the idea.

You're still dealing with a potentially working implementation of ZeroCoin.

They could have IPO'd the entire 100%, but they didn't.

They could have IPO'd the eintre 2.5%, but they've set aside .5% of that for free giveaways.

The developer did all the work, did you expect to get rich?

There's far more to worry about than the price, if this is a working ZeroCoin implementation.

This is not zerocoin "implementation"...this is a "do it yourself" project. - https://bitcointalksearch.org/topic/m.9449600

Asura

newbie

Activity: 32

Merit: 0

Quote from: BanditryAndLoot on November 05, 2014, 04:03:24 PM

Quote from: ItsNotMe on November 05, 2014, 03:55:04 PM

Quote from: jasemoney on November 05, 2014, 03:53:13 PM

Quote from: shojayxt on November 05, 2014, 03:45:04 PM

Quote from: jasemoney on November 05, 2014, 03:38:35 PM

its 10 minute blocks target time not 60 sec.. its been 3.5 hrs and theres ~180 blocks only. Half in first 30 min. Retargeting is trying to play catchup to the hash coming online.

It will take a long time to catch up with that 2.5% premine/210,010 coins

its ok we lived through this stuff before right? you want to be able to mine or pay for ICO, dev's gotta make money some how.

Damn...the devs coins will be the ONLY coins on the market for months. Glad to see people are starting to sniff this one out before people get burned...again.

Soo..4-5 month 2% IPO?

Do you think it really matters? I see that you have obvious discomfort with it and I'm sorry, but the reality is that even if all the premine coins get sold, the worst that can happen economically is that the price is cheap for months if nobody's on board with the idea.

You're still dealing with a potentially working implementation of ZeroCoin.

They could have IPO'd the entire 100%, but they didn't.

They could have IPO'd the eintre 2.5%, but they've set aside .5% of that for free giveaways.

The developer did all the work, did you expect to get rich?

There's far more to worry about than the price, if this is a working ZeroCoin implementation.

Zerocoin in itself isn't hard to implement. Fixing the flaws with it is.

Right now there is a coin with no source, claiming to have a working ZeroCoin implementation, without any notification of whether or not the major issues behind it have been corrected or not. On top of this, the massive premine, with no external sources to confirm if it's legit or not?

It's pretty obvious this is a scam for a few easy BTC.

daboehla

sr. member

Activity: 490

Merit: 258

anyone know how to add this coin into the merge mining p2pool in the virtual box ??
have p2pool from:
https://github.com/Paul-Bradley/EasyNode

BanditryAndLoot

member

Activity: 70

Merit: 10

Activity: 350

Quote from: ItsNotMe on November 05, 2014, 03:55:04 PM

Quote from: jasemoney on November 05, 2014, 03:53:13 PM

Quote from: shojayxt on November 05, 2014, 03:45:04 PM

Quote from: jasemoney on November 05, 2014, 03:38:35 PM

its 10 minute blocks target time not 60 sec.. its been 3.5 hrs and theres ~180 blocks only. Half in first 30 min. Retargeting is trying to play catchup to the hash coming online.

It will take a long time to catch up with that 2.5% premine/210,010 coins

its ok we lived through this stuff before right? you want to be able to mine or pay for ICO, dev's gotta make money some how.

Damn...the devs coins will be the ONLY coins on the market for months. Glad to see people are starting to sniff this one out before people get burned...again.

Soo..4-5 month 2% IPO?

Do you think it really matters? I see that you have obvious discomfort with it and I'm sorry, but the reality is that even if all the premine coins get sold, the worst that can happen economically is that the price is cheap for months if nobody's on board with the idea.

You're still dealing with a potentially working implementation of ZeroCoin.

They could have IPO'd the entire 100%, but they didn't.

They could have IPO'd the eintre 2.5%, but they've set aside .5% of that for free giveaways.

The developer did all the work, did you expect to get rich?

There's far more to worry about than the price, if this is a working ZeroCoin implementation.

ItsNotMe

full member

Activity: 238

Merit: 100

Quote from: jasemoney on November 05, 2014, 03:58:08 PM

Quote from: ItsNotMe on November 05, 2014, 03:55:04 PM

Quote from: jasemoney on November 05, 2014, 03:53:13 PM

Quote from: shojayxt on November 05, 2014, 03:45:04 PM

Quote from: jasemoney on November 05, 2014, 03:38:35 PM

its 10 minute blocks target time not 60 sec.. its been 3.5 hrs and theres ~180 blocks only. Half in first 30 min. Retargeting is trying to play catchup to the hash coming online.

It will take a long time to catch up with that 2.5% premine/210,010 coins

its ok we lived through this stuff before right? you want to be able to mine or pay for ICO, dev's gotta make money some how.

Damn...the devs coins will be the ONLY coins on the market for months. Glad to see people are starting to sniff this one out before people get burned...again.

depends when he sells Wink

6 months from now he will still have a 50% pre-mine...this scam is so overt its crazy.

jasemoney

legendary

Activity: 1610

Merit: 1008

Forget-about-it

Quote from: ItsNotMe on November 05, 2014, 03:55:04 PM

Quote from: jasemoney on November 05, 2014, 03:53:13 PM

Quote from: shojayxt on November 05, 2014, 03:45:04 PM

Quote from: jasemoney on November 05, 2014, 03:38:35 PM

its 10 minute blocks target time not 60 sec.. its been 3.5 hrs and theres ~180 blocks only. Half in first 30 min. Retargeting is trying to play catchup to the hash coming online.

It will take a long time to catch up with that 2.5% premine/210,010 coins

its ok we lived through this stuff before right? you want to be able to mine or pay for ICO, dev's gotta make money some how.

Damn...the devs coins will be the ONLY coins on the market for months. Glad to see people are starting to sniff this one out before people get burned...again.

depends when he sells Wink

ItsNotMe

full member

Activity: 238

Merit: 100

Quote from: jasemoney on November 05, 2014, 03:53:13 PM

Quote from: shojayxt on November 05, 2014, 03:45:04 PM

Quote from: jasemoney on November 05, 2014, 03:38:35 PM

its 10 minute blocks target time not 60 sec.. its been 3.5 hrs and theres ~180 blocks only. Half in first 30 min. Retargeting is trying to play catchup to the hash coming online.

It will take a long time to catch up with that 2.5% premine/210,010 coins

its ok we lived through this stuff before right? you want to be able to mine or pay for ICO, dev's gotta make money some how.

Damn...the devs coins will be the ONLY coins on the market for months. Glad to see people are starting to sniff this one out before people get burned...again.

jasemoney

legendary

Activity: 1610

Merit: 1008

Forget-about-it

Quote from: shojayxt on November 05, 2014, 03:45:04 PM

Quote from: jasemoney on November 05, 2014, 03:38:35 PM

its 10 minute blocks target time not 60 sec.. its been 3.5 hrs and theres ~180 blocks only. Half in first 30 min. Retargeting is trying to play catchup to the hash coming online.

It will take a long time to catch up with that 2.5% premine/210,010 coins

its ok we lived through this stuff before right? you want to be able to mine or pay for ICO, dev's gotta make money some how.

ItsNotMe

full member

Activity: 238

Merit: 100

What kind of "solution" is this? This is not integration of zerocoin....

Continued...

This is a "do it yourself" project that's something like ZeroCoin.

BanditryAndLoot

member

Activity: 70

Merit: 10

Activity: 350

Quote from: jasemoney on November 05, 2014, 03:38:35 PM

its 10 minute blocks target time not 60 sec.. its been 3.5 hrs and theres ~180 blocks only. Half in first 30 min. Retargeting is trying to play catchup to the hash coming online.

Plus 120 confirms, so about a little less than a full day for confirmations, now that the difficulty is having an easier time keeping up with the hashrate.

shojayxt

legendary

Activity: 896

Merit: 1001

Quote from: jasemoney on November 05, 2014, 03:38:35 PM

its 10 minute blocks target time not 60 sec.. its been 3.5 hrs and theres ~180 blocks only. Half in first 30 min. Retargeting is trying to play catchup to the hash coming online.

It will take a long time to catch up with that 2.5% premine/210,010 coins

jasemoney

legendary

Activity: 1610

Merit: 1008

Forget-about-it

its 10 minute blocks target time not 60 sec.. its been 3.5 hrs and theres ~180 blocks only. Half in first 30 min. Retargeting is trying to play catchup to the hash coming online.

voephilis

sr. member

Activity: 378

Merit: 250

Quote from: ItsNotMe on November 05, 2014, 03:27:46 PM

Quote from: LongAndShort on November 05, 2014, 03:21:24 PM

Ok found the moneysupply 211810.00000000 so around 1800 has been mined the rest is the premine.

Wow...so if they release this feature before many of coins are mined, the price will run up due to the low supply and then they can sell off the pre-mine with very little competition. Now i understand why they decided to "finish" zerocoin before they released the coin...the scams just keep getting better.

ZeroVert Devs = 210,010 coins

EVERYONE else = 1,800 coins

Who's coins do you think will be fore sale?

come on... you should know that vertcoin dev is a honest man! otherwise he wouldn`t tell us his real name ^^

premine was not always wrong. look at NOBL

ItsNotMe

full member

Activity: 238

Merit: 100

Quote from: LongAndShort on November 05, 2014, 03:21:24 PM

Ok found the moneysupply 211810.00000000 so around 1800 has been mined the rest is the premine.

Wow...so if they release this feature before many of coins are mined, the price will run up due to the low supply and then they can sell off the pre-mine with very little competition. Now i understand why they decided to "finish" zerocoin before they released the coin...the scams just keep getting better.

ZeroVert Devs = 210,010 coins

EVERYONE else = 1,800 coins

Who's coins do you think will be for sale?

voephilis

sr. member

Activity: 378

Merit: 250

Quote from: HoY on November 05, 2014, 09:52:03 AM

+1 For adding this in the upcoming VTC fork, and NOT creating a new coin out of it.

I think you should see it as a sidechain of Vert

Topic: Zerovert - First Truly & Only Anonymous Coin with Zerocoin | Mandatory Upgrade ! - page 19. (Read 50921 times)