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are there any actual stats on chain reorgs, by depth? Development & Technical Discussion
and the hashrate was a small fraction back around block 225K. Not sure, but I th…
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n/a | monsterer | March 19, 2016, 05:53:44 AM |
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Why the blockchain and mining are unnecessary Beginners & Help
If either of you had asked me in advance if the messaging hierarchy gave elevate…
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n/a | monsterer | March 17, 2016, 04:10:36 PM |
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Why the blockchain and mining are unnecessary Beginners & Help
How do I know when a transaction "has been accepted by a majority of the network…
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n/a | monsterer | March 17, 2016, 11:57:41 AM |
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Why the blockchain and mining are unnecessary Beginners & Help
Spend UTXO_A (mine) and create new unspent output UTXO_B (yours)...A few days ha…
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n/a | monsterer | March 17, 2016, 04:22:02 AM |
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Why the blockchain and mining are unnecessary Beginners & Help
So, I send you 25 BTC, wait for you to accept it and send me my physical item, t…
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n/a | monsterer | March 16, 2016, 12:32:30 PM |
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Why the blockchain and mining are unnecessary Beginners & Help
When someone attempts to double spend, it doesn't matter which happened first, a…
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n/a | monsterer | March 16, 2016, 12:06:22 PM |
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Poloniex DDOS! ain't nobody got time for that! DDOS(jam)-proof DEX alternatives Service Discussion (Altcoins)
Currently, the only exchange that I know of that is immune to a jamming attack i…
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n/a | monsterer | March 15, 2016, 05:26:01 AM |
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The Ethereum Paradox Altcoin Discussion
Fault-tolerant is a good term I think. Perhaps that helps define its (possible)…
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n/a | monsterer | March 15, 2016, 04:53:40 AM |
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The Ethereum Paradox Altcoin Discussion
If I make a simple program to get a random number from 1 to 100, or base my prog…
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n/a | monsterer | March 15, 2016, 04:50:37 AM |
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The Ethereum Paradox Altcoin Discussion
if Ethereum is a distributed computing platformIt isn't; it's a replicated/redu…
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n/a | monsterer | March 15, 2016, 04:19:14 AM |
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The timely confirmation incentive in a system with no mining rewards Development & Technical Discussion
It is certainly true that valuing the PoW expended by the miners is essential fo…
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n/a | monsterer | March 15, 2016, 04:15:03 AM |
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The timely confirmation incentive in a system with no mining rewards Development & Technical Discussion
I think it could be possible for the reward to be other than "coins".There is no…
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n/a | monsterer | March 14, 2016, 09:03:42 AM |
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The timely confirmation incentive in a system with no mining rewards Development & Technical Discussion
The confirmation times are sped up by the fact that most blocks only require low…
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n/a | monsterer | March 14, 2016, 05:45:59 AM |
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The timely confirmation incentive in a system with no mining rewards Development & Technical Discussion
The confirmation times are sped up by the fact that most blocks only require low…
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n/a | monsterer | March 14, 2016, 05:31:36 AM |
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The timely confirmation incentive in a system with no mining rewards Development & Technical Discussion
I concluded that this system has a similar security model to plain PoS, since id…
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n/a | monsterer | March 14, 2016, 05:16:09 AM |
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The timely confirmation incentive in a system with no mining rewards Development & Technical Discussion
The question of incentive becomes more of an issue should the best minter not mi…
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n/a | monsterer | March 14, 2016, 04:56:49 AM |
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The 0% PoS attack - possible? Altcoin Discussion
Why isn't this possible in a PoS system with bonded stake?1. Short the coin2. Pa…
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n/a | monsterer | March 14, 2016, 04:38:25 AM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
What you have provided is not a proof at all. We can go into meaningless and lon…
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n/a | monsterer | March 14, 2016, 04:18:01 AM |
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The timely confirmation incentive in a system with no mining rewards Development & Technical Discussion
Indeed - the approach that CIYAM uses is known as a "hash chain" (which function…
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n/a | monsterer | March 14, 2016, 04:15:53 AM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
This is an very informal proof, because I wanted it to be as readable as possibl…
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n/a | monsterer | March 13, 2016, 02:49:00 PM |
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The timely confirmation incentive in a system with no mining rewards Development & Technical Discussion
As a simplistic idea imagine that a block reward only occurs every X blocks but…
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n/a | monsterer | March 13, 2016, 02:02:38 PM |
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Luke Jr's HARDFORK proposal debunked Development & Technical Discussion
Halving the difficulty in a hard fork is not a good idea in general, though; tha…
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n/a | monsterer | March 11, 2016, 04:49:01 AM |
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Why all centralized coins fail Altcoin Discussion
Satoshi did not solve the Byzantine Generals problem, and Bitcoin is failing bec…
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n/a | monsterer | March 11, 2016, 03:59:39 AM |
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Luke Jr's HARDFORK proposal debunked Development & Technical Discussion
The way blocks are solved is probabilistic and it's actually quite simple:1. The…
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n/a | monsterer | March 10, 2016, 05:57:41 PM |
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Block lattice Altcoin Discussion
Nodes take the first block they receive or which ever block is winning in votes…
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n/a | monsterer | March 10, 2016, 05:22:26 PM |
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Block lattice Altcoin Discussion
You can definitely make your local node do that though the security comes from t…
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n/a | monsterer | March 10, 2016, 12:26:07 PM |
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Block lattice Altcoin Discussion
Rewriting history of an account can only be done by the account owner themself,…
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n/a | monsterer | March 10, 2016, 12:20:43 PM |
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Block lattice Altcoin Discussion
Rewriting history of an account can only be done by the account owner themself,…
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n/a | monsterer | March 10, 2016, 11:59:24 AM |
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Block lattice Altcoin Discussion
Since putting a block in an accounts's chain requires it to be signed by the acc…
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n/a | monsterer | March 10, 2016, 11:34:31 AM |
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Block lattice Altcoin Discussion
Is this different than with bitcoin?To short bitcoin you need an investment that…
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n/a | monsterer | March 10, 2016, 11:20:51 AM |
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Block lattice Altcoin Discussion
voting like this would destroy this value.Why is that a problem? Take out a shor…
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n/a | monsterer | March 10, 2016, 11:05:48 AM |
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Decentralized margin trading Altcoin Discussion
Whitepaper?
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n/a | monsterer | March 10, 2016, 09:42:15 AM |
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POLL - which coins are scams as defined in the OP? Altcoin Discussion
If you want an intelligent argument*, you're welcome to contribute here: https:/…
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n/a | monsterer | March 10, 2016, 09:23:58 AM |
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POLL - which coins are scams as defined in the OP? Altcoin Discussion
I thought you had work to do? If you want an intelligent argument*, you're welco…
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n/a | monsterer | March 10, 2016, 09:15:52 AM |
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The timely confirmation incentive in a system with no mining rewards Development & Technical Discussion
If you pay nothing do not spend energy for security - you do not have the securi…
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n/a | monsterer | March 10, 2016, 03:20:44 AM |
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Block lattice Altcoin Discussion
Another point I think needs addressing is the votes themselves. Are they transac…
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n/a | monsterer | March 09, 2016, 11:03:52 AM |
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Block lattice Altcoin Discussion
I'll have to think about how to quantify the agreement rate, to me it seemed pre…
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n/a | monsterer | March 09, 2016, 10:53:11 AM |
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Luke Jr's HARDFORK proposal debunked Development & Technical Discussion
PSCall E(i) the expected number of rounds of this game assuming that we got to r…
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n/a | monsterer | March 09, 2016, 08:00:43 AM |
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The timely confirmation incentive in a system with no mining rewards Development & Technical Discussion
A consensus design which doesn't offer a mining reward is attractive in theory,…
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n/a | monsterer | March 09, 2016, 06:28:59 AM |
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Why all centralized coins fail Altcoin Discussion
I don't believe the tragedy of the commons argument is a valid one because Bitco…
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n/a | monsterer | March 09, 2016, 04:46:11 AM |
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Block lattice Altcoin Discussion
A whitepaper has been arranged for viewing https://docs.google.com/document/d/13…
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n/a | monsterer | March 09, 2016, 04:33:00 AM |
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Why all centralized coins fail Altcoin Discussion
Am I incorrect in what I wrote here about the mindset of Bitcoiners and speculat…
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n/a | monsterer | March 08, 2016, 05:32:44 PM |
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The Ethereum Paradox Altcoin Discussion
Actually I did briefly some months ago state that I thought the honest miners co…
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n/a | monsterer | March 08, 2016, 12:33:32 PM |
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The Ethereum Paradox Altcoin Discussion
I am not hilarious. I guarantee you are wrong. If you could simply wrap your min…
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n/a | monsterer | March 08, 2016, 09:20:16 AM |
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The Ethereum Paradox Altcoin Discussion
Sorry you just don't comprehend. Will I receive your apology when you later real…
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n/a | monsterer | March 08, 2016, 08:53:29 AM |
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The Ethereum Paradox Altcoin Discussion
Profitable PoW just seems harder to attack by irrational actors than unprofitabl…
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n/a | monsterer | March 08, 2016, 08:48:03 AM |
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The Ethereum Paradox Altcoin Discussion
Fee payment can be included as one of the transaction outputs should necessity a…
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n/a | monsterer | March 08, 2016, 06:22:53 AM |
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The Ethereum Paradox Altcoin Discussion
Haha, I already knew that problem would exist in their system at 0 adoption, but…
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n/a | monsterer | March 08, 2016, 05:09:47 AM |
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The Ethereum Paradox Altcoin Discussion
but if Iota requires them to work at all, is this an admission the system just…
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n/a | monsterer | March 08, 2016, 04:58:11 AM |
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The Ethereum Paradox Altcoin Discussion
Profitable PoW just seems harder to attack by irrational actors than unprofitabl…
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n/a | monsterer | March 08, 2016, 04:16:30 AM |
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Why Proof of Burn cannot work cleanly in practice Altcoin Discussion
You have to burn within the last 50 blocks, you cannot burn more recently than t…
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n/a | monsterer | March 07, 2016, 02:39:04 PM |
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The Ethereum Paradox Altcoin Discussion
Certainly, no reasonable sized ANN can compute a memory-hard function.This requi…
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n/a | monsterer | March 07, 2016, 01:51:38 PM |
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The Ethereum Paradox Altcoin Discussion
Decentralized poker would be infested with bots and colluders. Even online casin…
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n/a | monsterer | March 07, 2016, 06:00:25 AM |
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Is Ethereum heading to centralization? Altcoin Discussion
Will they add checkpoints? That'll give you a very definite answer. If they don'…
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n/a | monsterer | March 07, 2016, 04:50:19 AM |
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The Ethereum Paradox Altcoin Discussion
I'd estimate, that 'working' DAPPs can only be nichy ones w/o any real risk expo…
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n/a | monsterer | March 07, 2016, 04:34:55 AM |
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Why all centralized coins fail Altcoin Discussion
I will not reply to you again in this thread on this topic. This is a waste of m…
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n/a | monsterer | March 06, 2016, 10:02:20 AM |
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Why all centralized coins fail Altcoin Discussion
That is only true if there is no cost to not mining on the longest chain. Which…
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n/a | monsterer | March 06, 2016, 09:40:53 AM |
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Why all centralized coins fail Altcoin Discussion
That is only true if there is no cost to not mining on the longest chain. Which…
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n/a | monsterer | March 06, 2016, 08:26:33 AM |
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Why all centralized coins fail Altcoin Discussion
You also seem to be caught up on assuming that no one has an incentive to do the…
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n/a | monsterer | March 06, 2016, 08:17:44 AM |
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Why all centralized coins fail Altcoin Discussion
You don't have to pay them money in order to pay them. Haven't you ever heard o…
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n/a | monsterer | March 06, 2016, 07:34:00 AM |
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Why all centralized coins fail Altcoin Discussion
That s another issue. I was thinking about better sharing incentives between min…
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n/a | monsterer | March 06, 2016, 06:55:40 AM |
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Why all centralized coins fail Altcoin Discussion
New Casper concept contains an artificial incentive cap and a wait time ( not se…
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n/a | monsterer | March 06, 2016, 06:41:46 AM |
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Why all centralized coins fail Altcoin Discussion
It's a shame nobody has thought of a way to stop pow mining eventually always be…
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n/a | monsterer | March 06, 2016, 06:28:07 AM |
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[ETH] Possible miner attack angle? Altcoin Discussion
Anybody know if this attack is possible in ethereum?1. Miner creates a contract…
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n/a | monsterer | March 05, 2016, 06:36:53 PM |
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[ETH] Possible miner attack angle? Altcoin Discussion
Anybody know if this attack is possible in ethereum?1. Miner creates a contract…
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n/a | monsterer | March 05, 2016, 05:22:43 PM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
That would be a 51% attack.Ah, right. I didn't notice that you emphasized on ach…
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n/a | monsterer | March 05, 2016, 11:36:08 AM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
ASIC speed grows in bursts. Eventually one of the bursts will allow to rewrite t…
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n/a | monsterer | March 05, 2016, 10:26:39 AM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
PoS is mining. It's cpu-mining, not much different than what satoshi designed f…
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n/a | monsterer | March 05, 2016, 09:47:57 AM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
If you remove the miners, you are investing in nothing. That is PoS in a nutshel…
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n/a | monsterer | March 05, 2016, 08:52:14 AM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
The miners have the most skin-in-the-game and can therefore be trusted to behave…
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n/a | monsterer | March 04, 2016, 07:06:17 PM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
That's when you find out that you were talking to the same guy, and you bought t…
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n/a | monsterer | March 04, 2016, 06:46:17 PM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
This is plainly ridiculous. How much do you sell an empty cardboard box for whic…
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n/a | monsterer | March 04, 2016, 09:08:40 AM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
Why should it? It's obvious to the seller that the wallet is worthless when it c…
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n/a | monsterer | March 04, 2016, 07:09:24 AM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
On the street? Depends how much you need the money, doesn't it?I mean that the o…
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n/a | monsterer | March 04, 2016, 06:54:50 AM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
Perhaps, perhaps not. What is the use of an old password? Zero, I'd say.So if so…
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n/a | monsterer | March 04, 2016, 06:43:10 AM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
You're assuming that regular people need to know the inner workings of blockchai…
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n/a | monsterer | March 04, 2016, 05:19:48 AM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
The problem with using someone else's privkeys is that they can still have the s…
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n/a | monsterer | March 04, 2016, 04:22:43 AM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
Almost all attacks see the main fork being orphaned. Thank you for stating that,…
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n/a | monsterer | March 03, 2016, 05:44:49 PM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
They are valid on the main fork.Even in the case of a very swift attack, as it w…
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n/a | monsterer | March 03, 2016, 11:49:47 AM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
He will need to censor also all transactions that depend on transactions sending…
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n/a | monsterer | March 03, 2016, 11:29:40 AM |
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Study Suggests Bitcoin Needs Major Changes to Scale UP Development & Technical Discussion
I told you several times in the past. I eschew repeating myself. I have 10,000 p…
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n/a | monsterer | March 03, 2016, 11:03:13 AM |
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Study Suggests Bitcoin Needs Major Changes to Scale UP Development & Technical Discussion
It is not a problem. You asked the wrong question.The only way for it not to be…
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n/a | monsterer | March 03, 2016, 10:48:55 AM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
He can't just sit and produce blocks forever. In order to be able to produce blo…
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n/a | monsterer | March 03, 2016, 10:46:19 AM |
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Study Suggests Bitcoin Needs Major Changes to Scale UP Development & Technical Discussion
Well that is if you assume the only possible overriding motivation for the strat…
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n/a | monsterer | March 03, 2016, 10:10:26 AM |
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The Ethereum Paradox Altcoin Discussion
And then the partition that has accepted the transfer of gas from a partition th…
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n/a | monsterer | March 03, 2016, 09:38:55 AM |
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The Ethereum Paradox Altcoin Discussion
I already explained that cross-partition spending is possible (i.e. won't destro…
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n/a | monsterer | March 03, 2016, 09:08:16 AM |
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The Ethereum Paradox Altcoin Discussion
Even that wouldn't work because as you pointed out, the entity running the scrip…
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n/a | monsterer | March 03, 2016, 08:38:11 AM |
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Study Suggests Bitcoin Needs Major Changes to Scale UP Development & Technical Discussion
Well that is if you assume the only possible overriding motivation for the strat…
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n/a | monsterer | March 03, 2016, 08:35:31 AM |
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The Ethereum Paradox Altcoin Discussion
You got it with your edit.Of course the virtual machine assumes they are atomic…
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n/a | monsterer | March 03, 2016, 06:29:43 AM |
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The Ethereum Paradox Altcoin Discussion
That doesn't matter (or actually it makes the problem I explained more obvious).…
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n/a | monsterer | March 03, 2016, 06:21:42 AM |
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The Ethereum Paradox Altcoin Discussion
Which I subsequently elaborated on today. The point about gas is why it is impos…
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n/a | monsterer | March 03, 2016, 06:17:18 AM |
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The Ethereum Paradox Altcoin Discussion
Casper has much bigger problems than just the sharding - even if you remove all…
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n/a | monsterer | March 03, 2016, 04:42:52 AM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
Nxt has been running over 2 years and you are now soapboxing the same arguments…
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n/a | monsterer | March 03, 2016, 04:12:31 AM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
Kinda ironic that Proof of Anti-stake may workthe idea is, that user destroys it…
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n/a | monsterer | March 02, 2016, 08:27:06 AM |
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DASH scam exposed at the Satoshi Roundtable retreat! Altcoin Discussion
/facepalm because anon solves a problem right? A war over the war over anon send…
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n/a | monsterer | March 02, 2016, 03:03:47 AM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
Do you want objective analysis, or just unthinking agreement to whatever you pos…
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n/a | monsterer | March 01, 2016, 12:18:01 PM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
However, an equally ridiculous set of assumptions can be used to take over a PoW…
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n/a | monsterer | March 01, 2016, 12:02:39 PM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
You have proven nothing. There is no market for formerly large stakeholding keys…
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n/a | monsterer | March 01, 2016, 11:40:15 AM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
If you can describe one which doesn't involve something related to a checkpoint,…
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n/a | monsterer | March 01, 2016, 11:50:18 AM |
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Proof that Proof of Stake is either extremely vulnerable or totally centralised Development & Technical Discussion
I believe I covered the re-org depth mitigation in the OP? It doesn't help for t…
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n/a | monsterer | March 01, 2016, 11:34:08 AM |
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