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The Ethereum Paradox Altcoin Discussion
In fact, I do believe that perhaps the same Nash equilibrium failure that applie…
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n/a | monsterer | February 16, 2016, 04:06:25 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Please explain how Bitcoin avoids this nightmare (besides just hoping to avoid a…
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n/a | monsterer | February 16, 2016, 03:36:13 AM |
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The Ethereum Paradox Altcoin Discussion
Look I like organization. I like clarity. I like specifications. And yeah I get…
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n/a | monsterer | February 16, 2016, 03:11:31 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Is the ultimate answer to the title of this thread 'yes, its a delusion'?In a tr…
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n/a | monsterer | February 15, 2016, 03:56:05 AM |
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The Ethereum Paradox Altcoin Discussion
Correct, but ostensibly you are missing my point. My point is that if validators…
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n/a | monsterer | February 15, 2016, 03:14:59 AM |
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The Ethereum Paradox Altcoin Discussion
The problem is that partitions destroy the Nash Equilibrium because validators c…
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n/a | monsterer | February 14, 2016, 07:37:21 AM |
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The Ethereum Paradox Altcoin Discussion
But do they have an incentive to? Is the Nash equilibrium lost?This was one of t…
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n/a | monsterer | February 13, 2016, 04:34:31 PM |
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The Ethereum Paradox Altcoin Discussion
Not necessarily. If the partitions are provably self-contained then all partitio…
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n/a | monsterer | February 13, 2016, 04:23:19 PM |
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The Ethereum Paradox Altcoin Discussion
Okay let's replace PoS consensus-by-betting with Satoshi's PoW. So the problem r…
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n/a | monsterer | February 13, 2016, 04:15:13 PM |
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The Ethereum Paradox Altcoin Discussion
Miners decide the order of transactions within a block - unless the block gets o…
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n/a | monsterer | February 13, 2016, 03:43:45 PM |
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The Ethereum Paradox Altcoin Discussion
I am making an additional and more damning point. That is since each contract WI…
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n/a | monsterer | February 13, 2016, 02:43:53 PM |
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The Ethereum Paradox Altcoin Discussion
monsterer is wrong again. Even within the block there is no way to attain commut…
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n/a | monsterer | February 12, 2016, 08:23:17 AM |
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The Ethereum Paradox Altcoin Discussion
Ethereum responded by inventing gas, so that scripts would halt by failing once…
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n/a | monsterer | February 12, 2016, 06:43:25 AM |
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The Ethereum Paradox Altcoin Discussion
I don't think that's even possible because their stated goal seems to be a gener…
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n/a | monsterer | February 12, 2016, 04:27:16 AM |
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The Ethereum Paradox Altcoin Discussion
Have you done[published very transparently and with equal emphasis to other tech…
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n/a | monsterer | February 12, 2016, 03:42:18 AM |
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The Ethereum Paradox Altcoin Discussion
Bitcoin is not any more distributed than Ethereum; it is just as redundant in th…
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n/a | monsterer | February 12, 2016, 03:16:53 AM |
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The Ethereum Paradox Altcoin Discussion
the validation and redundancy of simple transactional data, which Bitcoin attem…
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n/a | monsterer | February 12, 2016, 03:10:27 AM |
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Mining subsidy in a DAG Development & Technical Discussion
Out of the talks at Hong Kong, I enjoyed this video as an intro to DAG. https://…
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n/a | monsterer | February 11, 2016, 03:23:09 PM |
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Mining subsidy in a DAG Development & Technical Discussion
The score of #1 or #2 can be changed by attaching a transaction to any of A, B,…
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n/a | monsterer | February 11, 2016, 09:57:26 AM |
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Mining subsidy in a DAG Development & Technical Discussion
I agree this could be possible. It seems you need an incentive for users to merg…
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n/a | monsterer | February 11, 2016, 07:14:18 AM |
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Mining subsidy in a DAG Development & Technical Discussion
The attacker must have more power than the rest of the network to pull this off?…
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n/a | monsterer | February 11, 2016, 06:45:10 AM |
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Mining subsidy in a DAG Development & Technical Discussion
Any other cases I missed?[Doublespending #1] -- {A} -- {B} -- {C} -- {D} -- ...[…
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n/a | monsterer | February 11, 2016, 06:34:28 AM |
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Mining subsidy in a DAG Development & Technical Discussion
There is already an example of this from the DagCoin paper:Transaction 10 is a c…
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n/a | monsterer | February 11, 2016, 06:04:14 AM |
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Mining subsidy in a DAG Development & Technical Discussion
Can you give an example of a very hard situation to resolve?Both transactions di…
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n/a | monsterer | February 11, 2016, 03:34:04 AM |
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Mining subsidy in a DAG Development & Technical Discussion
For this to be robust, it should be as expensive to give priority to a double sp…
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n/a | monsterer | February 10, 2016, 03:25:32 PM |
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Mining subsidy in a DAG Development & Technical Discussion
Inserting transactions into past history is bad, no matter if you have a subsidy…
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n/a | monsterer | February 10, 2016, 02:23:01 PM |
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Mining subsidy in a DAG Development & Technical Discussion
Can you describe how they can disrupt consensus with double spends?By adding tra…
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n/a | monsterer | February 10, 2016, 02:03:13 PM |
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Mining subsidy in a DAG Development & Technical Discussion
I agree. But, in the general case, the cumulative weight would be different?No,…
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n/a | monsterer | February 10, 2016, 01:18:35 PM |
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Mining subsidy in a DAG Development & Technical Discussion
This is from the DagCoin paper:I've circled the tiebreaker rule, which for examp…
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n/a | monsterer | February 10, 2016, 11:37:46 AM |
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Mining subsidy in a DAG Development & Technical Discussion
Only if the merchant doesn't wait long enough, surely? At least this way, the am…
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n/a | monsterer | February 10, 2016, 07:11:26 AM |
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Mining subsidy in a DAG Development & Technical Discussion
It is possible that the merchant doesn't see one branch right away, but the majo…
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n/a | monsterer | February 10, 2016, 06:41:46 AM |
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Mining subsidy in a DAG Development & Technical Discussion
I can generate 2 conflicting transactions which will reference exactly the same…
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n/a | monsterer | February 10, 2016, 06:15:45 AM |
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Mining subsidy in a DAG Development & Technical Discussion
What about adopting a similar scheme to DagCoin?DagCoin allows double spends as…
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n/a | monsterer | February 10, 2016, 05:06:15 AM |
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Mining subsidy in a DAG Development & Technical Discussion
How are the transactions actually applied, i.e. how do you calculate the balance…
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n/a | monsterer | February 10, 2016, 04:52:07 AM |
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Stabilized Bitcoin using eMunie economics Bitcoin Discussion
Have you considered a totally different approach?Lose the fungibility of the sta…
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n/a | monsterer | February 10, 2016, 04:13:31 AM |
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Mining subsidy in a DAG Development & Technical Discussion
I think I see why this can't work for you - tell me if I'm correct: if you adopt…
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n/a | monsterer | February 10, 2016, 03:59:53 AM |
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Mining subsidy in a DAG Development & Technical Discussion
The metric should provide some confidence indicator to the merchant, though - if…
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n/a | monsterer | February 09, 2016, 05:04:41 PM |
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Mining subsidy in a DAG Development & Technical Discussion
Well, presumably the merchant needs some kind of metric to know it is safe to ac…
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n/a | monsterer | February 09, 2016, 04:34:19 PM |
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Mining subsidy in a DAG Development & Technical Discussion
With identical PoW, you'd need a tiebreaker rule, such as lowest TXID.This gives…
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n/a | monsterer | February 09, 2016, 03:59:31 PM |
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Stabilized Bitcoin using eMunie economics Bitcoin Discussion
Indeed, and again, I never suggested that it could indefinitely prevent this fro…
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n/a | monsterer | February 09, 2016, 03:49:46 PM |
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Stabilized Bitcoin using eMunie economics Bitcoin Discussion
There are two chief issues in play here, I think:1. I believe CIYAM's point is t…
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n/a | monsterer | February 09, 2016, 03:25:37 PM |
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Mining subsidy in a DAG Development & Technical Discussion
* Then users would be unable to come to consensus. Could you decide which of dou…
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n/a | monsterer | February 09, 2016, 03:30:43 PM |
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Mining subsidy in a DAG Development & Technical Discussion
Now, taking the above into account, tell what strategy you would use to maximize…
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n/a | monsterer | February 09, 2016, 02:36:54 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
I won't post a wall of text about Nash equilibrium, we already derailed the thre…
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n/a | monsterer | February 09, 2016, 01:17:42 PM |
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Mining subsidy in a DAG Development & Technical Discussion
I've noticed both public designs for a DAG were careful to avoid a mining subsid…
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n/a | monsterer | February 09, 2016, 01:16:54 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Are we talking about bitcoin now, or Tangle, I'm confused? Of Tangle/DAG with s…
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n/a | monsterer | February 09, 2016, 12:21:32 PM |
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Should the altcoin section be renamed the TPTB_need_war Discussion section? Altcoin Discussion
Actually, I'd like to see a separate altcoin subforum for technical discussion,…
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n/a | monsterer | February 09, 2016, 12:16:46 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Why do you say that? For example, if you paid a fixed reward for every transacti…
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n/a | monsterer | February 09, 2016, 12:15:31 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Well, with subsidy it's more profitable to keep DAG very wide, wider DAG = less…
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n/a | monsterer | February 09, 2016, 11:53:23 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Specifically, this is what stops your example from being ordered deterministical…
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n/a | monsterer | February 09, 2016, 11:32:06 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
A lot of parents are allowed. We can't say who is parent and who is uncle becaus…
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n/a | monsterer | February 09, 2016, 11:17:05 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
The number of parents in a given transaction is limited to 2, so I cannot order…
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n/a | monsterer | February 09, 2016, 10:51:29 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
It doesn't look as a DAG. I saw "tree" mentioned.EDIT: Take the picture from Wik…
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n/a | monsterer | February 09, 2016, 10:13:31 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
this design has a deterministic orderingBut how?From the paper:QuoteOrdering tra…
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n/a | monsterer | February 09, 2016, 09:35:19 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
No, I don't see this as an excuse - in fact, I am writing a white paper at the m…
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n/a | monsterer | February 09, 2016, 09:05:20 AM |
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Iota and quantum computers (some news about NSA inside) Altcoin Discussion
Thanks.... Are you sticking with a fixed difficulty of 6561?No, we'll start with…
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n/a | monsterer | February 09, 2016, 09:01:31 AM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
monsterer is on Ignore for repeating his same failed argument redundantly after…
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n/a | monsterer | February 09, 2016, 08:44:41 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
We didn't find a solution that would allow to add subsidy into a DAG-coin withou…
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n/a | monsterer | February 09, 2016, 08:42:35 AM |
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Iota and quantum computers (some news about NSA inside) Altcoin Discussion
Can you explain why Iota is quantum resistant? What is the difficulty set to?Iot…
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n/a | monsterer | February 09, 2016, 08:39:53 AM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
Orphaned chains (not sustained forks!) are a natural and can't be proven to be a…
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n/a | monsterer | February 09, 2016, 08:36:50 AM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
when an inestimable condition for Byzantine fault tolerance is COMBINED with ina…
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n/a | monsterer | February 09, 2016, 07:06:18 AM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
Just because you cannot quantify the number of traitors does not mean the system…
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n/a | monsterer | February 09, 2016, 06:39:37 AM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
You are conflating the decentralized, trustless, Sybil attackable scenario with…
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n/a | monsterer | February 09, 2016, 06:15:48 AM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
Look he is saying there is no "unconditional" solution, which is absolutely corr…
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n/a | monsterer | February 09, 2016, 06:05:59 AM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
There is no decentralized solution to the BGP problem. Period.For a moment, just…
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n/a | monsterer | February 09, 2016, 05:37:50 AM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
I wrote about the 'number/count of' not the 'set of' (where the latter requires…
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n/a | monsterer | February 09, 2016, 05:32:33 AM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
The reason why bitcoin's 51% tolerance is controversial in the face of classical…
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n/a | monsterer | February 09, 2016, 05:02:21 AM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
The reason why bitcoin's 51% tolerance is controversial in the face of classical…
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n/a | monsterer | February 09, 2016, 04:48:05 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
And subsidy was removed because a DAG-based coin with subsidy can't come to a co…
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n/a | monsterer | February 09, 2016, 04:33:14 AM |
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Iota and quantum computers (some news about NSA inside) Altcoin Discussion
Can you explain why Iota is quantum resistant? What is the difficulty set to?
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n/a | monsterer | February 09, 2016, 04:30:29 AM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
Thus although the paper is correct to state that BGP is solvable if the 2/3 + 1…
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n/a | monsterer | February 09, 2016, 04:28:51 AM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
Please respect canonical definitions. Byzantine 'agreement' is not what we are t…
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n/a | monsterer | February 08, 2016, 03:14:36 PM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
Rather my upthread argument is that Byzantine fault tolerance requires the abili…
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n/a | monsterer | February 08, 2016, 02:39:32 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
For the curious, I showed the math from the selfish mining white paper with a tw…
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n/a | monsterer | February 08, 2016, 01:19:08 PM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
On the topic of the thread, I consider Bitcoin and BGP as distinct, but related,…
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n/a | monsterer | February 08, 2016, 03:31:28 AM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
Bitcoin didn't solve BGP either. Nothing does because the problem is open to Syb…
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n/a | monsterer | February 08, 2016, 03:20:20 AM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
Since Bitcoin can not detect faultiness (consistently provable to all observers)…
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n/a | monsterer | February 07, 2016, 06:09:48 PM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
When you see a corrected design, you will understand why not being able to Sybil…
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n/a | monsterer | February 07, 2016, 05:53:52 PM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
We can't count the components because identities can be Sybil attacked.I'm not r…
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n/a | monsterer | February 07, 2016, 05:46:03 PM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
We can't count the components because identities can be Sybil attacked.I'm not r…
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n/a | monsterer | February 07, 2016, 05:41:33 PM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
Not really, those are just evidence of latency. If a majority of the CPU power i…
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n/a | monsterer | February 07, 2016, 05:38:40 PM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
monsterer and smooth, I repeat again, how do you prove if a 51% attack is censor…
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n/a | monsterer | February 07, 2016, 05:17:35 PM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
So if the LCR is creating censored transactions is that not a fault/failure? Wha…
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n/a | monsterer | February 07, 2016, 02:57:26 PM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
Satoshi's PoW does not distinguish between faulty and non-faulty nodes.In bitcoi…
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n/a | monsterer | February 07, 2016, 01:23:20 PM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
BGP is not solved if there is Sybil attack vulnerability.In bitcoin, BGP is solv…
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n/a | monsterer | February 07, 2016, 12:52:44 PM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
And unless I'm mistaken, Satoshi did not say that it did solve the Byzantine Gen…
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n/a | monsterer | February 07, 2016, 06:16:31 AM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
Bitcoin solves the byzantine generals problem within the bounds of the assumptio…
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n/a | monsterer | February 07, 2016, 05:33:32 AM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
you can't solve byzantine generals problem with a probabilistic model unless yo…
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n/a | monsterer | February 06, 2016, 04:09:37 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
I explained upthread that the math is incoherent and there is no bound with prof…
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n/a | monsterer | February 06, 2016, 03:48:28 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Let me reiterate again that the math you cited from Meni Rosenfeld was incomplet…
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n/a | monsterer | February 06, 2016, 03:39:20 PM |
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Why isn't there a newbie-friendly ETH wallet? Altcoin Discussion
https://www.myetherwallet.com/This is actually not bad.
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n/a | monsterer | February 06, 2016, 02:00:44 PM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
I'm just going to leave this here for reference purposes:QuoteAnonymous Byzantin…
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n/a | monsterer | February 06, 2016, 10:23:44 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Does anyone know of any proof which says that convergence can be guaranteed with…
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n/a | monsterer | February 05, 2016, 03:10:33 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Again I maintain the Iota/DAG will only remain convergent with a centralization…
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n/a | monsterer | February 04, 2016, 04:03:01 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
There are a lot of things that can work in the real world but not in the ideal o…
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n/a | monsterer | February 04, 2016, 03:39:29 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
I believe I have already explained the solution upthread, which is these verific…
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n/a | monsterer | February 03, 2016, 06:58:40 AM |
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Synereo - Earn Money Using Social Media Altcoin Discussion
Normally ads pay between $1 - $10 per CPM (thousand impressions),In my experienc…
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n/a | monsterer | January 30, 2016, 05:56:41 AM |
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Synereo - Earn Money Using Social Media Altcoin Discussion
Normally ads pay between $1 - $10 per CPM (thousand impressions),In my experienc…
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n/a | monsterer | January 29, 2016, 11:26:04 AM |
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Mints Altcoin Discussion |
n/a | monsterer | January 28, 2016, 12:05:04 PM |
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Mints Altcoin Discussion |
n/a | monsterer | January 28, 2016, 03:13:04 AM |
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