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Decrits: The 99%+ attack-proof coin Altcoin Discussion
Replying to a PM here...I have a comment on system complexity too. People are sa…
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n/a | Etlase2 | May 26, 2013, 11:46:06 AM |
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Some dilemma regarding investments and social welfare in an all bitcoin economy Economics
How are there interest rates in a world where money is finite?There could be, th…
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n/a | Etlase2 | May 26, 2013, 02:34:05 PM |
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MC2 ("Netcoin"): A cryptocurrency based on a hybrid PoW/PoS system Altcoin Discussion
edit:There is another problem I think, which is recursive invalidation of the bl…
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n/a | Etlase2 | May 26, 2013, 02:24:27 PM |
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Energy consumption could become an issue if bitcoin really breaks through Economics
All of these issues come down to the nuclear energy in any way. It's cheap, clea…
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n/a | Etlase2 | May 26, 2013, 12:31:15 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
I think the most important improvement we can make is that everyone can mine wit…
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n/a | Etlase2 | May 26, 2013, 12:09:54 PM |
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Energy consumption could become an issue if bitcoin really breaks through Economics
Well, since you brought it up: Report: 97% of scientists believe global warming…
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n/a | Etlase2 | May 25, 2013, 02:12:02 PM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
Blind signature schemes have existed prior to the advent of the internet, and th…
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n/a | Etlase2 | May 25, 2013, 01:40:44 PM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
re: coin laundry, the system I described here could be safely used for any amoun…
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n/a | Etlase2 | May 25, 2013, 12:18:20 PM |
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Project Meshnet: Hardware for cjdns to enable new, censorship free Internet Bitcoin Discussion
Alternatively, for data such as bitcoin's block chain where many people along th…
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n/a | Etlase2 | May 23, 2013, 10:40:12 PM |
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Project Meshnet: Hardware for cjdns to enable new, censorship free Internet Bitcoin Discussion
I really, really like the idea of meshnets and have done a little reading, but I…
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n/a | Etlase2 | May 23, 2013, 10:30:29 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
I guess by off-network txes you mean things like 'gox redeemable codes?I was thi…
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n/a | Etlase2 | May 23, 2013, 07:04:21 PM |
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Fixed exchange rate cryptcurrency / OT / Ripple Economics
QuoteBarters are bought from a central poolYou have answered your own question.…
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n/a | Etlase2 | May 23, 2013, 02:21:10 AM |
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Some dilemma regarding investments and social welfare in an all bitcoin economy Economics
This is the fatal flaw in the model. In any real economy, not all participants h…
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n/a | Etlase2 | May 23, 2013, 01:15:29 AM |
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scrypt is "memory intensive" therefore no ASICs, but how? Altcoin Discussion
I haven't done much research on scrypt so I can't help you there. But neither ha…
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n/a | Etlase2 | May 23, 2013, 12:23:52 AM |
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Some dilemma regarding investments and social welfare in an all bitcoin economy Economics
9. Knowing that, and playing the game from 1 to 8, firms hold onto their money i…
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n/a | Etlase2 | May 23, 2013, 12:16:08 AM |
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scrypt is "memory intensive" therefore no ASICs, but how? Altcoin Discussion
These are very difficult questions to answer. Scrypt is not just a "simple" algo…
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n/a | Etlase2 | May 23, 2013, 12:07:10 AM |
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Bitcoin is Deflationary, and That's OK Bitcoin Discussion
"Making the rounds lately"? This is an "argument" that has existed essentially s…
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n/a | Etlase2 | May 22, 2013, 01:04:31 AM |
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Energy consumption could become an issue if bitcoin really breaks through Economics
I'm also not really sure I buy your point about bitcoin being unable to supply a…
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n/a | Etlase2 | May 21, 2013, 05:08:04 PM |
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Identity of Satoshi Nakamoto is known Bitcoin Discussion
I was only turning a poor argument on its head, not trying to advocate that this…
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n/a | Etlase2 | May 21, 2013, 01:45:43 AM |
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Identity of Satoshi Nakamoto is known Bitcoin Discussion
Ok people, just ignore the guy who actually met the person you're speculating ab…
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n/a | Etlase2 | May 21, 2013, 12:31:03 AM |
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Limiting transaction spam through hashcash Bitcoin Discussion
Adding the nonce also requires adding bandwidth and storage to already wasteful…
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n/a | Etlase2 | May 20, 2013, 01:52:12 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
Actually, rethinking option 1) there is a vulnerability. This vulnerability only…
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n/a | Etlase2 | May 18, 2013, 02:39:27 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
And add any missing transactions. Otherwise there is no point and it doesn't sol…
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n/a | Etlase2 | May 18, 2013, 07:26:02 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
In the most optimized scenario for minimizing hops (not optimal for robustness),…
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n/a | Etlase2 | May 18, 2013, 12:25:03 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
This data must then be sent to the next SH that is expected to sign. But since t…
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n/a | Etlase2 | May 17, 2013, 07:56:56 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
You were asked upthread by another poster to stop, yet you continue to insert in…
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n/a | Etlase2 | May 17, 2013, 09:38:57 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
This is all contingent on the input joins/leaves not being entirely controlled b…
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n/a | Etlase2 | May 17, 2013, 01:26:11 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
Disagree, because once an attacker bids up the price of a SH beyond profitabilit…
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n/a | Etlase2 | May 17, 2013, 01:16:39 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
I do not see how you can get around the conclusion I made upthread, which is if…
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n/a | Etlase2 | May 17, 2013, 12:17:54 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
Except that in theory a cartel which is gaining profits by delaying non-member t…
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n/a | Etlase2 | May 16, 2013, 11:53:07 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
Now, as far as the random ordering of shareholders. I can see why you did not ta…
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n/a | Etlase2 | May 16, 2013, 07:07:35 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
Whatever the communication overhead, logic would suggest that it will be dwarfed…
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n/a | Etlase2 | May 16, 2013, 05:38:28 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
Ok, I will start with the "data overload" part of the problem because I have fle…
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n/a | Etlase2 | May 16, 2013, 06:13:15 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
The vulnerability you keep reiterating is one where SHs will not get a chance to…
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n/a | Etlase2 | May 16, 2013, 02:33:42 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
Change my attitude? I came here to try to review your system and help you get so…
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n/a | Etlase2 | May 16, 2013, 01:44:46 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
My concern was not about that total, rather the duplication of that total and/or…
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n/a | Etlase2 | May 16, 2013, 09:47:39 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
I need to be convinced that if the input entropy can be gamed by the last, then…
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n/a | Etlase2 | May 16, 2013, 10:11:52 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
I mean the overload of communicating all the TBs when every SH needs to get a tu…
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n/a | Etlase2 | May 16, 2013, 03:55:20 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
Yes I do. But IMHO the moment has come to nail your ideas down. At least as a re…
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n/a | Etlase2 | May 15, 2013, 06:09:21 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
I am urging the author of Decrits to have a rethink about the key paradigm shift…
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n/a | Etlase2 | May 15, 2013, 02:37:13 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
I'd add 6. Proof-of-BurnOf course, you need to already own coins to be able to b…
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n/a | Etlase2 | May 15, 2013, 02:45:09 AM |
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Decrits Digest: Solution for a value stable, truly decentralized currency Altcoin Discussion
Your glaring flaw is trying to shove all your fixes under one roof.Actually, tha…
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n/a | Etlase2 | May 14, 2013, 08:33:35 PM |
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Decrits Digest: Solution for a value stable, truly decentralized currency Altcoin Discussion
Like I said, I thought it was interesting, but out of all the communities actual…
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n/a | Etlase2 | May 14, 2013, 08:08:50 PM |
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Decrits Digest: Solution for a value stable, truly decentralized currency Altcoin Discussion
Details versus big picture again.The big picture is that bitcoin is a currency p…
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n/a | Etlase2 | May 14, 2013, 07:40:05 PM |
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Decrits Digest: Solution for a value stable, truly decentralized currency Altcoin Discussion
This is what makes me lose faith in what seems an interesting model.The most pai…
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n/a | Etlase2 | May 14, 2013, 07:11:58 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
- it wastes energy (but who cares)It's a pretty significant weakness vs. a curre…
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n/a | Etlase2 | May 14, 2013, 10:10:29 AM |
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Possible flaw in Ben Laurie paper on Bitcoin efficiency Altcoin Discussion
That's true, he is making a black-and-white argument, where I am making a more p…
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n/a | Etlase2 | May 14, 2013, 08:06:24 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
There are EC systems that have deterministic sigs.http://ed25519.cr.yp.to/Quote(…
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n/a | Etlase2 | May 14, 2013, 06:10:37 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
I think I came up with a cool way to address some of the problems I see with hav…
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n/a | Etlase2 | May 13, 2013, 09:17:08 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
Aah, ok., I think its insanely improbable, but you can't rule it out completely…
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n/a | Etlase2 | May 13, 2013, 05:30:54 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
Is it necessary that the designated Shareholder for each block be the ONLY one c…
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n/a | Etlase2 | May 13, 2013, 05:16:44 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
They won't be able to come up with a hash to their likings in reasonable time.La…
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n/a | Etlase2 | May 13, 2013, 12:13:37 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
The attacer won't have the time to do the extra computation because he needs all…
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n/a | Etlase2 | May 13, 2013, 11:17:32 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
51% attacks is possible in your currency too. people can and will ALWAYS disagre…
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n/a | Etlase2 | May 13, 2013, 11:02:33 AM |
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Decrits Digest: Solution for a value stable, truly decentralized currency Altcoin Discussion
So... early adopters who devote GPU power to the Decrit network won't have a big…
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n/a | Etlase2 | May 13, 2013, 11:01:36 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
In bitcoin it is 51% of hashing power. Decrits is 99%+ resistant but 99% of what…
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n/a | Etlase2 | May 13, 2013, 10:55:03 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
99% doesn't sounds that great when your money is at stake. What % do you think…
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n/a | Etlase2 | May 13, 2013, 08:55:18 AM |
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Decrits Digest: Solution for a value stable, truly decentralized currency Altcoin Discussion
Is the best possible summary still in the OP?Probably not. QuoteNote: if fiat ca…
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n/a | Etlase2 | May 13, 2013, 08:40:00 AM |
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Decrits Digest: Solution for a value stable, truly decentralized currency Altcoin Discussion
If the wobble is deterministic, it can be gamed. There is no way around the disa…
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n/a | Etlase2 | May 13, 2013, 08:03:26 AM |
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Decrits Digest: Solution for a value stable, truly decentralized currency Altcoin Discussion
Okay I like the idea of allowing multiple SHs to sign in the same TB period, the…
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n/a | Etlase2 | May 13, 2013, 06:49:56 AM |
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Decrits Digest: Solution for a value stable, truly decentralized currency Altcoin Discussion
I had already thought of and dismissed this predetermined order in my design, be…
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n/a | Etlase2 | May 13, 2013, 02:04:43 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
Sorry to ruin our day I have a feeling that your day is about to get better.
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n/a | Etlase2 | May 13, 2013, 12:57:46 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
The idea is that every transaction processing peer ("SH") is incentivized to sig…
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n/a | Etlase2 | May 13, 2013, 12:54:37 AM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
What r ur plans regarding the implementation? It would be very interesting to se…
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n/a | Etlase2 | May 12, 2013, 05:36:06 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
I guess you have SHs sign the next CB, as a way of recording a consensus of whic…
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n/a | Etlase2 | May 12, 2013, 03:45:51 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
There are so many details that you are skipping over here.Some are explained thr…
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n/a | Etlase2 | May 12, 2013, 02:45:11 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
I can't digest the proposal, because it is missing so many critical details, suc…
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n/a | Etlase2 | May 12, 2013, 05:26:55 AM |
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Bitcoin 1 and Bitcoin 2: A solution to the block size problem Development & Technical Discussion
I've been thinking about this for quite some time (IIRC I posted a message about…
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n/a | Etlase2 | May 11, 2013, 08:34:10 PM |
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51% attack is a myth Bitcoin Discussion
I don't get what you're saying. If he's releasing valid blocks then it's to the…
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n/a | Etlase2 | May 11, 2013, 07:45:23 PM |
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51% attack is a myth Bitcoin Discussion
I created this thread to attract attention to the following issue:Increasing the…
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n/a | Etlase2 | May 11, 2013, 06:46:18 PM |
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The deflationary problem Economics
Cool thanks, I'll look into it ... I'm always open to new ideas. Where do we sen…
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n/a | Etlase2 | May 11, 2013, 04:51:08 PM |
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The deflationary problem Economics
Not in any way that's provably sound, in the mathmatics proof sense. Proof-of-w…
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n/a | Etlase2 | May 10, 2013, 02:50:05 AM |
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The deflationary problem Economics
If you feel there is better way to solve the double-spend problem than the block…
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n/a | Etlase2 | May 10, 2013, 01:24:24 AM |
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MC2 ("Netcoin"): A cryptocurrency based on a hybrid PoW/PoS system Altcoin Discussion
Not sure I understand the utility of encrypting the miner/client, but that overa…
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n/a | Etlase2 | May 10, 2013, 12:55:50 AM |
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MC2 ("Netcoin"): A cryptocurrency based on a hybrid PoW/PoS system Altcoin Discussion
If you absolutely must do proof of work, for example to control the currency pri…
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n/a | Etlase2 | May 09, 2013, 05:25:16 PM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
lol+1The guy whose idea is to take others' ideas and have someone else code them…
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n/a | Etlase2 | May 09, 2013, 10:30:08 AM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
Real world success defined as "market cap of 100 dollars"! What happened to the…
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n/a | Etlase2 | May 09, 2013, 09:18:30 AM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
And that is? [Decrits doesn't count. It is so complicated that is even hard to g…
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n/a | Etlase2 | May 09, 2013, 08:55:23 AM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
I don't understand. In account tree transaction don't have to reference any othe…
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n/a | Etlase2 | May 09, 2013, 07:55:25 AM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
Do you see any problems with this idea?It's a big imposition on the user, it's a…
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n/a | Etlase2 | May 09, 2013, 03:25:00 AM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
1) Smaller transactions - transactions could use just account tree offsets inste…
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n/a | Etlase2 | May 09, 2013, 03:18:51 AM |
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MC2 ("Netcoin"): A cryptocurrency based on a hybrid PoW/PoS system Altcoin Discussion
Sigh. Can you actually address ANY of the points that people are ACTUALLY bring…
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n/a | Etlase2 | May 08, 2013, 08:45:22 PM |
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http://ripplescam.org/ Altcoin Discussion
that's quite a read; do you have a cliff notes version?i'll try to digest it ove…
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n/a | Etlase2 | May 07, 2013, 10:55:38 PM |
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Need an energy efficient algo Altcoin Discussion
You are never going to have an energy efficient coin if proof of work is require…
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n/a | Etlase2 | May 07, 2013, 06:14:19 PM |
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http://ripplescam.org/ Altcoin Discussion
The magic number would be correlated with long term real economic growth rate. …
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n/a | Etlase2 | May 07, 2013, 06:00:48 PM |
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[Get Involved] New Scrypt Altcoin Altcoin Discussion
Thinking outside of the square. I like it maybe ram will be the dominant compon…
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n/a | Etlase2 | May 07, 2013, 09:23:08 AM |
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[Get Involved] New Scrypt Altcoin Altcoin Discussion
Oh, just so you know: if you get even close to BTC you will be attacked by the…
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n/a | Etlase2 | May 07, 2013, 09:10:58 AM |
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[Get Involved] New Scrypt Altcoin Altcoin Discussion
Well I'm a programmer, and I've already got the ideas, and people are actually a…
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n/a | Etlase2 | May 07, 2013, 08:21:10 AM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
Yes I agree you cannot really resort to consensus, that's why I said aaxon's sol…
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n/a | Etlase2 | May 07, 2013, 06:35:36 AM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
Ah yes, the secret chain. I missed that along the way and presumed it was a diff…
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n/a | Etlase2 | May 06, 2013, 11:33:13 PM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
What do "lite clients" have to do with anything here? I'm not sure you understan…
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n/a | Etlase2 | May 06, 2013, 10:55:38 PM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
If lite clients shut down in the face of competing chains, commerce cannot conti…
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n/a | Etlase2 | May 06, 2013, 10:12:44 PM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
Yes that is a valid point but all the older legit nodes can still be trusted, th…
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n/a | Etlase2 | May 06, 2013, 09:52:04 PM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
It doesn't know. That's why it's a vote system. The node assumes that the majori…
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n/a | Etlase2 | May 06, 2013, 09:27:39 PM |
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[white paper] Purely P2P Crypto-Currency With Finite Mini-Blockchain Altcoin Discussion
One way to really drill the final nail into the coffin of this attack might be t…
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n/a | Etlase2 | May 06, 2013, 09:03:50 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
I thought about PM'ing you this brenzi, but this is the real type of discussion…
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n/a | Etlase2 | May 06, 2013, 06:20:24 PM |
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I am going to create a better alt coin, anyone interested in joining me? Altcoin Discussion
The focus needs to be speed with a minimum standard of security, unit both can b…
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n/a | Etlase2 | May 06, 2013, 08:28:51 PM |
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Designing the next generation digital currency! Altcoin Discussion
[broken record]Decrits proposes a consensus system in lieu of proof-of-work that…
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n/a | Etlase2 | May 06, 2013, 08:27:32 PM |
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I am going to create a better alt coin, anyone interested in joining me? Altcoin Discussion
I am a programmer, and I've spent around 2,000 hours learning/designing (on pape…
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n/a | Etlase2 | May 06, 2013, 06:56:41 PM |
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Decrits: The 99%+ attack-proof coin Altcoin Discussion
Can we have full-describing paper on Decrits,or maybe (even better) : dedicated…
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n/a | Etlase2 | May 06, 2013, 06:26:38 PM |
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