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Thoughts on Zcash? Altcoin Discussion
Oh If the payer reveals their identity to the recipient voluntarily, then there…
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n/a | monsterer | January 28, 2016, 03:09:41 AM |
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Thoughts on Zcash? Altcoin Discussion
And everybody knows that when a payer reveals his or her identity to the recipie…
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n/a | monsterer | January 27, 2016, 09:10:26 AM |
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Thoughts on Zcash? Altcoin Discussion
In theory Turing complete block chain scripting can script new altcoins.If truly…
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n/a | monsterer | January 27, 2016, 06:44:04 AM |
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Thoughts on Zcash? Altcoin Discussion
I wrote "in theory". If the scripts are not truly Turing complete, then it is po…
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n/a | monsterer | January 27, 2016, 06:20:56 AM |
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Thoughts on Zcash? Altcoin Discussion
A Turing complete script can read and write data on the block chain, so in theor…
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n/a | monsterer | January 27, 2016, 06:07:13 AM |
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always iterating a top hash Altcoin Discussion
Are you taking into account that there is no parallelism involved? There is no s…
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n/a | monsterer | January 27, 2016, 06:04:52 AM |
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always iterating a top hash Altcoin Discussion
I mean a system with separate coins with no blockchain. The PoW is replaced by i…
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n/a | monsterer | January 27, 2016, 05:44:20 AM |
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always iterating a top hash Altcoin Discussion
I didn't mean trusted timestamps, though I don't know what kinds of them exist.T…
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n/a | monsterer | January 27, 2016, 05:17:03 AM |
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always iterating a top hash Altcoin Discussion
(sorry for my problems with this board software)For a new cryptomoney: If there…
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n/a | monsterer | January 27, 2016, 04:17:19 AM |
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Free Distribution Methods - V2 Altcoin Discussion
Yeah, this would be a pretty unfair method. Carry on thinking about the problem…
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n/a | monsterer | January 26, 2016, 10:07:58 AM |
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Free Distribution Methods - V2 Altcoin Discussion
I already posted this in the other thread, but why don't you share-drop onto bit…
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n/a | monsterer | January 26, 2016, 08:19:12 AM |
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After getting your profits from ETH, what next? Altcoin Discussion
which I assert does not exist because Ethereum hasn't solved the fundamental tec…
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n/a | monsterer | January 26, 2016, 07:56:07 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
That will not work in my design because the payer has to do a roundtrip request…
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n/a | monsterer | January 26, 2016, 04:06:50 AM |
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Branching-hard PoW? Development & Technical Discussion
Branches [...] cost silicon space on ASIC chips [...]Now that is one of the weir…
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n/a | monsterer | January 26, 2016, 03:56:05 AM |
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The DEX (Decentralized Exchange) Thread Service Discussion (Altcoins)
Decentral as a word is misleading and doesn't say much per se. Bitcoin for insta…
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n/a | monsterer | January 25, 2016, 09:34:36 AM |
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The DEX (Decentralized Exchange) Thread Service Discussion (Altcoins)
There is little reason to buy an asset from an anonymous counterparty (stocks or…
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n/a | monsterer | January 25, 2016, 08:17:33 AM |
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The DEX (Decentralized Exchange) Thread Service Discussion (Altcoins)
That's not entirely true IMO.If the frequency of submitted trades are low, then…
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n/a | monsterer | January 25, 2016, 08:06:35 AM |
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Branching-hard PoW? Development & Technical Discussion
Branches are notoriously slow on GPU, and cost silicon space on ASIC chips, so i…
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n/a | monsterer | January 25, 2016, 06:57:31 AM |
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The DEX (Decentralized Exchange) Thread Service Discussion (Altcoins)
Confusion of context, I was referring to a high volume of transactions, not valu…
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n/a | monsterer | January 25, 2016, 06:47:16 AM |
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The DEX (Decentralized Exchange) Thread Service Discussion (Altcoins)
One can create reputation and credit systems on top of trustless systems. IMO, t…
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n/a | monsterer | January 25, 2016, 05:58:26 AM |
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Core needs to prepare a GPU only PoW - Spondoolies CEO Guy Corem Development & Technical Discussion
Seems to me that GPU mining is centralisation in one form. Ideally, you want a b…
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n/a | monsterer | January 25, 2016, 04:52:09 AM |
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USDT stupidly sent to BTC wallet Altcoin Discussion
USDT uses the bitcoin blockchain to store tokens which is why that was possible…
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n/a | monsterer | January 25, 2016, 04:37:13 AM |
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The DEX (Decentralized Exchange) Thread Service Discussion (Altcoins)
The real problem with the idea of a decentralised exchange is not the technology…
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n/a | monsterer | January 24, 2016, 06:49:14 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
For anyone else who hasn't put their fingers in their ears, it should be obvious…
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n/a | monsterer | January 22, 2016, 05:36:09 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
I get frustrated because this post of yours ignores what I wrote in the prior po…
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n/a | monsterer | January 22, 2016, 04:37:05 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
PoW has a value. The electricity burned by the entire bitcoin network attempting…
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n/a | monsterer | January 22, 2016, 04:23:37 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
I wouldn't be so coerced if your posts weren't asserting with boastful surety th…
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n/a | monsterer | January 22, 2016, 03:59:26 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
I can easily refute your myopia when I am ready to. I am outside right now and n…
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n/a | monsterer | January 21, 2016, 05:31:32 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
You have ignored the implications of the variable k and note the equation fails…
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n/a | monsterer | January 21, 2016, 04:47:27 PM |
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TPTB_Coin vs AmericanPegasusCoin: which next-gen currency to invest in for 2016? Altcoin Discussion
Heh heh, I needed a laugh, thanks
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n/a | monsterer | January 21, 2016, 03:35:28 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
If an individual payer wants to attempt a double-spend, he doesn't have enough P…
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n/a | monsterer | January 21, 2016, 03:31:16 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Right, if assumes reward are directly tied to blocks (the atomic unit in Bitcoin…
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n/a | monsterer | January 21, 2016, 02:55:34 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Maybe you can find useful answers and working mechanisms here: http://blog.maids…
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n/a | monsterer | January 21, 2016, 09:56:35 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
An attacker is up against the entire world's CPUs (and remember I designed a ver…
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n/a | monsterer | January 21, 2016, 07:35:21 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
I already had explained this and I don't understand why it is so difficult for y…
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n/a | monsterer | January 21, 2016, 06:39:35 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Sorry no. The users would have to be the attackers (assuming the users' cumulati…
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n/a | monsterer | January 21, 2016, 06:31:08 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
but each user (payer) can be objective about the provider which is censoring the…
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n/a | monsterer | January 21, 2016, 04:09:58 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
One of the key differences from what I argued upthread to monsterer, is that "pr…
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n/a | monsterer | January 21, 2016, 03:26:13 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Please don't make me explain this again. Every since we started discussing Iota,…
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n/a | monsterer | January 21, 2016, 02:54:48 AM |
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Distribution models for crypto Altcoin Discussion
Does anyone have a good idea for distributing a PoS only coins for free? The dis…
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n/a | monsterer | January 20, 2016, 08:29:59 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Whereas, a DAG (or any tree with multiple branches) can't unambigously define an…
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n/a | monsterer | January 20, 2016, 03:33:32 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Why is it not enough to find one global sequence for all transactions ever made?…
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n/a | monsterer | January 20, 2016, 03:25:31 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
You may be wrong, but I'm too lazy to look for those Bitcoin blocks mined severa…
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n/a | monsterer | January 19, 2016, 11:07:35 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
It seems to me that transaction fees represent the only usable, endogenous spam…
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n/a | monsterer | January 19, 2016, 10:27:53 AM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
Well the peso is usable for cash transactions. The unbanked only lack the abilit…
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n/a | monsterer | January 19, 2016, 10:26:04 AM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
The problem for digital currency is it doesn't enable any popular activity. And…
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n/a | monsterer | January 19, 2016, 09:53:08 AM |
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Free transactions, spam, block reward and confirmation times Altcoin Discussion
I see 5 solutions to your problem:1. Send a transaction without PoW and let the…
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n/a | monsterer | January 19, 2016, 09:44:51 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Judging by how IOTA seems to be doing it it's not a big hassle, just a "small" P…
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n/a | monsterer | January 19, 2016, 09:13:59 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
I think he really means securing (confirming) the transactions by getting them i…
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n/a | monsterer | January 19, 2016, 07:43:22 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
The word mining in Bitcoin mixes to issues: validation of transactions and creat…
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n/a | monsterer | January 19, 2016, 07:02:07 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Yes exactly, transaction verification has to be profitable, and the reward preve…
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n/a | monsterer | January 19, 2016, 06:04:20 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
TPTB_need_war, why would anybody secure your currency if mining is unprofitable?…
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n/a | monsterer | January 19, 2016, 04:54:37 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
double spending for partial order order is solved. it might be that PoW is not 1…
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n/a | monsterer | January 18, 2016, 12:55:36 PM |
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Free transactions, spam, block reward and confirmation times Altcoin Discussion
Well BTC is ~$390 right now, so 0.00001 BTC is 0.39 cents. A modern mid-range…
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n/a | monsterer | January 18, 2016, 07:00:03 AM |
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Free transactions, spam, block reward and confirmation times Altcoin Discussion
Using your numbers above, why stop at 50c/hour. For $100/hour of electricity you…
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n/a | monsterer | January 18, 2016, 06:49:16 AM |
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Free transactions, spam, block reward and confirmation times Altcoin Discussion
I don't believe sufficient investigation and testing between desktop and mid-ran…
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n/a | monsterer | January 18, 2016, 06:18:40 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
I don't think one transaction per block would solve that problem. I believe its…
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n/a | monsterer | January 18, 2016, 05:32:58 AM |
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Free transactions, spam, block reward and confirmation times Altcoin Discussion
It does allow you to bound k in the above paper.What about coins with no block r…
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n/a | monsterer | January 18, 2016, 05:39:28 AM |
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Free transactions, spam, block reward and confirmation times Altcoin Discussion
It does allow you to bound k in the above paper.What about coins with no block r…
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n/a | monsterer | January 18, 2016, 05:20:29 AM |
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Free transactions, spam, block reward and confirmation times Altcoin Discussion
A single transaction per block does mean only one victim can be scammed per bloc…
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n/a | monsterer | January 18, 2016, 04:57:23 AM |
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Free transactions, spam, block reward and confirmation times Altcoin Discussion
Ugly isn't it?Discussed somewhat in section 6 here: https://bitcoil.co.il/Double…
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n/a | monsterer | January 18, 2016, 04:31:34 AM |
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Free transactions, spam, block reward and confirmation times Altcoin Discussion
In addition, a block reward provides a useful metric for when a transaction is s…
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n/a | monsterer | January 18, 2016, 04:15:12 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Blockchains doesn't mean that all nodes agree on a total order of events. It mea…
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n/a | monsterer | January 18, 2016, 03:56:07 AM |
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Free transactions, spam, block reward and confirmation times Altcoin Discussion
Iota will be the first coin to have free transactions (that I know of). This dis…
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n/a | monsterer | January 17, 2016, 01:40:15 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
May I request that if you want to have a discussion about theory behind graph mo…
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n/a | monsterer | January 17, 2016, 05:06:42 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
monsterer continues making the nonsense the that following transactions are not…
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n/a | monsterer | January 16, 2016, 01:00:39 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
If you keep using "orphaned" talking about DAG you'll never get the core idea of…
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n/a | monsterer | January 15, 2016, 05:45:50 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
CfB's argument is the payee has an incentive to resubmit it with new PoW. (and s…
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n/a | monsterer | January 15, 2016, 11:12:37 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
I think you missed my point, which is that if the PoW can be outsourced, then it…
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n/a | monsterer | January 15, 2016, 10:35:13 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Re-read my prior post. I just discovered a new flaw in Iota.[1] Make sure you…
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n/a | monsterer | January 15, 2016, 10:01:42 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
The servers involved in the ephemeral intra-block partitions (which are merged i…
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n/a | monsterer | January 15, 2016, 09:13:16 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
I don't think you've actually answered my question directly (or explained why it…
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n/a | monsterer | January 15, 2016, 03:14:21 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
There are many times where I don't think I can do it, because I seem to be battl…
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n/a | monsterer | January 14, 2016, 04:05:43 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
@TPTB_need_war your design calls for blocks, which need miners (who are only in…
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n/a | monsterer | January 14, 2016, 09:20:58 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Thanks. I hope you understand now that it is impossible to have security across…
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n/a | monsterer | January 13, 2016, 10:33:47 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Even if a tree was a relevant discussion in a decentralized block chain thread (…
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n/a | monsterer | January 13, 2016, 10:14:38 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
And yes a given selection rule can choose to reference an old transaction, but t…
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n/a | monsterer | January 13, 2016, 09:56:40 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
No, all heads that don't lead to conflicting ledger will merge. In case if it's…
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n/a | monsterer | January 13, 2016, 09:44:35 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Because the "selection algorithm" (c.f. my prior posts on my meaning of that ter…
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n/a | monsterer | January 13, 2016, 09:28:33 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
If this is the case, why can't an attacker simply place a double spend into ever…
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n/a | monsterer | January 13, 2016, 09:19:09 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Sticking to classical definition - yes, a single double-spend invalidates all tr…
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n/a | monsterer | January 13, 2016, 09:13:37 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
@Come-from-Beyond in Iota, do branches ever get orphaned? The whitepaper isn't c…
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n/a | monsterer | January 13, 2016, 08:38:15 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
@Come-from-Beyond in Iota, do branches ever get orphaned? The whitepaper isn't c…
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n/a | monsterer | January 13, 2016, 08:08:30 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
How do you know they won't be double-spent later. Duh. That is the entire point…
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n/a | monsterer | January 13, 2016, 03:54:17 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
I skipped deep understanding of it and just noted it was for defeating lie-in-wa…
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n/a | monsterer | January 13, 2016, 03:30:36 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Please go study. Please don't make me put you on ignore. I am really get annoyed…
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n/a | monsterer | January 12, 2016, 05:32:16 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Come on man. This is noise. At least understand first the white paper. You are c…
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n/a | monsterer | January 12, 2016, 05:27:16 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
monsterer continues making the nonsense the that following transactions are not…
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n/a | monsterer | January 12, 2016, 05:11:34 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Why? Coordinator node will give the same result for free. Honest miners is the s…
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n/a | monsterer | January 12, 2016, 03:35:52 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
No. The role of the coordinator is to protect Iota until it gets enough hashing…
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n/a | monsterer | January 12, 2016, 03:23:21 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
You say waiting works, but the attacker can add transactions to both double-spen…
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n/a | monsterer | January 12, 2016, 03:19:18 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
And therefor double-spends can't be unambiguous. There is no way to just remove…
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n/a | monsterer | January 12, 2016, 03:08:22 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
It is a statistical phenomenon. The math is in the white paper. You won't get so…
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n/a | monsterer | January 12, 2016, 02:34:50 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Asynchrony will always be the case. It can't be an exceptional case. How can you…
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n/a | monsterer | January 12, 2016, 02:11:48 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
When thinking about asynchrony for a DAG, note if everyone wants to transact sim…
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n/a | monsterer | January 12, 2016, 01:43:16 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Same way they do in Bitcoin. Spending a double-spend before it is recognized as…
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n/a | monsterer | January 12, 2016, 01:29:32 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
double-spends can be inserted in various places in the DAG that invalidate good…
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n/a | monsterer | January 12, 2016, 12:57:42 PM |
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Made new vlog: "Solving Bitcoin's Centralization: NXT vs Clam" Altcoin Discussion
Also note that eventhough Clam is currently in constant 51% attack vulnerability…
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n/a | monsterer | January 12, 2016, 08:03:31 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
I want to write that white paper.That's good, but it's a shame you can't talk ab…
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n/a | monsterer | January 12, 2016, 06:52:17 AM |
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Made new vlog: "Solving Bitcoin's Centralization: NXT vs Clam" Altcoin Discussion
Proof of stake is biggest innovation in crypto since invention of bitcoin. Proof…
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n/a | monsterer | January 12, 2016, 06:19:11 AM |
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