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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
This does need to elucidated unequivocally. I don't think it is my role to impac…
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n/a | monsterer | January 12, 2016, 04:45:21 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
In your 10,000 example above, you'd have to process at least 10,000 challenges p…
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n/a | monsterer | January 12, 2016, 03:21:07 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
One need only graph some complex scenarios to visualize this effect.Any chance y…
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n/a | monsterer | January 12, 2016, 03:15:23 AM |
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Do you guys realize that the first coin WITHOUT A BLOCKCHAIN is about to launch? Altcoin Discussion
QuoteThe LCR decides. So:Code:Chain 1: A
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n/a | monsterer | January 11, 2016, 05:37:16 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
I considered that actually, but I determined that it was more efficient this way…
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n/a | monsterer | January 11, 2016, 05:12:40 PM |
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Do you guys realize that the first coin WITHOUT A BLOCKCHAIN is about to launch? Altcoin Discussion
I am exasperated. Can't you see that when there is ambiguity then there is confl…
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n/a | monsterer | January 11, 2016, 04:39:23 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
A presents a challenge to B. B has to spend CPU time to solve it and present th…
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n/a | monsterer | January 11, 2016, 04:24:26 PM |
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Do you guys realize that the first coin WITHOUT A BLOCKCHAIN is about to launch? Altcoin Discussion
You continue to do this mistake.Double-spends are not unambiguous. Who decides?…
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n/a | monsterer | January 11, 2016, 04:20:43 PM |
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Do you guys realize that the first coin WITHOUT A BLOCKCHAIN is about to launch? Altcoin Discussion
You continue to do this mistake.Double-spends are not unambiguous. Who decides?…
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n/a | monsterer | January 11, 2016, 04:15:16 PM |
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Do you guys realize that the first coin WITHOUT A BLOCKCHAIN is about to launch? Altcoin Discussion
You continue to do this mistake.Double-spends are not unambiguous. Who decides?…
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n/a | monsterer | January 11, 2016, 04:12:16 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Of course they do, they cost energy! What else would it cost?I explained this i…
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n/a | monsterer | January 11, 2016, 04:06:26 PM |
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Do you guys realize that the first coin WITHOUT A BLOCKCHAIN is about to launch? Altcoin Discussion
You continue to do this mistake.Double-spends are not unambiguous. Who decides?…
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n/a | monsterer | January 11, 2016, 04:04:34 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Im pretty sure that the challenges can be considered POW. They are a proof that…
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n/a | monsterer | January 11, 2016, 03:54:19 PM |
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Do you guys realize that the first coin WITHOUT A BLOCKCHAIN is about to launch? Altcoin Discussion |
n/a | monsterer | January 11, 2016, 03:52:52 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Plus we are forgetting one critical component in this scenario of yours which ha…
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n/a | monsterer | January 11, 2016, 03:45:23 PM |
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Do you guys realize that the first coin WITHOUT A BLOCKCHAIN is about to launch? Altcoin Discussion
1. But it may not always be unambiguous or other reasons that they can't do what…
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n/a | monsterer | January 11, 2016, 03:40:54 PM |
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Do you guys realize that the first coin WITHOUT A BLOCKCHAIN is about to launch? Altcoin Discussion
1. I didn't ask what their incentive is. I asked why MUST they? In block chain d…
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n/a | monsterer | January 11, 2016, 03:33:23 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Hmm Im not convinced you'd be able to get the performance required to the DB eve…
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n/a | monsterer | January 11, 2016, 03:27:10 PM |
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Do you guys realize that the first coin WITHOUT A BLOCKCHAIN is about to launch? Altcoin Discussion
1. Aren't you assuming the honest participants will always reference in their tr…
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n/a | monsterer | January 11, 2016, 03:19:26 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Even if you could do it, 10000 ports would be 10000 connections lets say.You'll…
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n/a | monsterer | January 11, 2016, 03:12:21 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
You are really determined to extract the flaw in his design before he discloses.…
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n/a | monsterer | January 11, 2016, 03:06:07 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
People have many times said to me "Well I can just make 1M nodes on Amazon and t…
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n/a | monsterer | January 11, 2016, 03:00:20 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
So $9000 in fees at 100tx/s load as stated in my post up thread is no real cost?…
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n/a | monsterer | January 11, 2016, 02:37:51 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
But is it really that easy to own the majority of nodes ? You don't just need th…
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n/a | monsterer | January 11, 2016, 02:30:39 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Cost depends on the volume of transactions the network is currently producing, a…
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n/a | monsterer | January 11, 2016, 02:15:58 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Thats a moot point, if you own the majority of nodes in any system you can do wh…
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n/a | monsterer | January 11, 2016, 01:30:14 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Once the vote is in, and the ledger state is decided upon, the ONLY state that e…
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n/a | monsterer | January 11, 2016, 01:13:56 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Did you announce the details of these long range attacks you perceived, I don't…
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n/a | monsterer | January 11, 2016, 10:34:45 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Are you refering to this http://blog.emunie.com/?p=53 ?Where do you see the simi…
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n/a | monsterer | January 11, 2016, 09:39:15 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
I agree that checkpoints in POW fail the trustlessness goal. It seems you also…
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n/a | monsterer | January 11, 2016, 09:26:15 AM |
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Do you guys realize that the first coin WITHOUT A BLOCKCHAIN is about to launch? Altcoin Discussion
I think IOTA can have guaranteed convergence, but it needs centralised control t…
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n/a | monsterer | January 11, 2016, 08:32:17 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
One way to think of the difference between an "append-only" ledger and one that…
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n/a | monsterer | January 11, 2016, 08:26:33 AM |
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Vanillacoin's Chainblender: Technical analyse Altcoin Discussion
On a sidenote people need to understand that not only 100% anonimity sollution c…
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n/a | monsterer | January 11, 2016, 05:50:30 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
@TPTB_need_war, what are the broad key features you're targeting in your new des…
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n/a | monsterer | January 11, 2016, 05:29:22 AM |
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Vanillacoin's Chainblender: Technical analyse Altcoin Discussion
He is making 100% offtopic accusations that are based on exactly nothing to back…
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n/a | monsterer | January 11, 2016, 05:27:23 AM |
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PROOF OF RAFFLE (no more nonce finding) Development & Technical Discussion
Sybil attacks can be avoided by a Proof of Steak in every active node.Mmmm, stea…
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n/a | monsterer | January 10, 2016, 05:34:25 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
This is also the benefit of an append only ledger and an issue with POW.Even a q…
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n/a | monsterer | January 10, 2016, 04:25:29 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Thank you for helping me remember all the thought process I went through and hel…
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n/a | monsterer | January 10, 2016, 04:06:20 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
We can't prove when those chains were created relative to each other. That was t…
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n/a | monsterer | January 10, 2016, 03:59:50 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
But the flaw remains that there is no way to prove what the union is. At any giv…
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n/a | monsterer | January 10, 2016, 03:32:52 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
The LCR insures no double-spend exist. There is no fix for the idea of taking th…
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n/a | monsterer | January 10, 2016, 02:13:05 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Remember I had mentioned in my vaporcoin thread last month that this was my orig…
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n/a | monsterer | January 10, 2016, 01:26:55 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
So let's say the union of both chains is the rule. The problem becomes how many…
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n/a | monsterer | January 10, 2016, 12:41:23 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
The bolded phrase can't be measured. With block chains we don't know when is whe…
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n/a | monsterer | January 10, 2016, 12:15:03 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Without a block reward, you are correct that the only incentive to be on a longe…
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n/a | monsterer | January 10, 2016, 09:31:15 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Problem is there is no way to prove the majority chain has seen a transaction si…
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n/a | monsterer | January 10, 2016, 09:04:51 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Here is another question, sparked by TPTB (and partially aimed at Iota, but not…
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n/a | monsterer | January 10, 2016, 08:58:23 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Getting this topic back on track, I have a question:* If mining rewards cause ce…
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n/a | monsterer | January 09, 2016, 04:08:16 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
I already posted up thread that I would get to this later and why. Or is there…
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n/a | monsterer | January 09, 2016, 02:31:37 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
I agree with that statement of resource expenditure, but POW is not the only way…
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n/a | monsterer | January 09, 2016, 02:14:51 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
In any event its disastrous due to the agreement being based on resource expendi…
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n/a | monsterer | January 09, 2016, 01:37:02 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
1. The nodes in the network are not agreeing on the data set, they are agreeing…
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n/a | monsterer | January 09, 2016, 01:17:31 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Crypto currency is flawed as a concept. Appears it can't work.It can and is work…
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n/a | monsterer | January 09, 2016, 09:02:46 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
I thought you were referring to an impossible "bearer coin" type of design where…
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n/a | monsterer | January 09, 2016, 07:58:21 AM |
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Interactive Proof-of-Stake Altcoin Discussion
PoS must avoid stake centralization via decentralized exchanges and other infras…
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n/a | monsterer | January 09, 2016, 07:42:45 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Correct with regard to your first scenario where 2 partitions never talk to each…
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n/a | monsterer | January 09, 2016, 06:35:32 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
...POW ensures permissionless behaviourPoW doesn't insure permissionless nor dec…
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n/a | monsterer | January 09, 2016, 06:18:21 AM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
The thing was halting my programming lately is I wasn't satisfied that I had sol…
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n/a | monsterer | January 08, 2016, 07:26:17 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
I agree with Fuseleer it is possible to have temporary partition tolerance, whic…
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n/a | monsterer | January 08, 2016, 06:59:00 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
Well I agreed with Fuseleer that Partitions can be created, but this doesn't cha…
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n/a | monsterer | January 08, 2016, 06:49:59 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
I feel completely relaxed about leaving out partition tolerance in consensus des…
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n/a | monsterer | January 08, 2016, 06:46:29 PM |
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DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) Altcoin Discussion
The CAP theorem is fundamental. There will be no way to solve it. You all can sp…
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n/a | monsterer | January 08, 2016, 06:40:01 PM |
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Interleaved Mining - Increase decentralization of full nodes and mining Development & Technical Discussion
Like i said earlier, the current intention is that generating a block would cons…
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n/a | monsterer | January 07, 2016, 10:07:48 AM |
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Interleaved Mining - Increase decentralization of full nodes and mining Development & Technical Discussion
Eg:POW 99 ==> POS 100 ==> POW 101Even if i came up with a new POS 100A block lat…
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n/a | monsterer | January 07, 2016, 09:50:12 AM |
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Interleaved Mining - Increase decentralization of full nodes and mining Development & Technical Discussion
So i think you are looking at it from the micro view, where the concern is regar…
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n/a | monsterer | January 07, 2016, 09:21:00 AM |
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Interleaved Mining - Increase decentralization of full nodes and mining Development & Technical Discussion
This is incorrect for several reasons.1) The scenario you described is only vali…
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n/a | monsterer | January 07, 2016, 08:54:21 AM |
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Interactive Proof-of-Stake Altcoin Discussion
I would add the following POS attacks to your list:* Custodial stakeExchanges an…
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n/a | monsterer | January 07, 2016, 03:46:00 AM |
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Interactive Proof-of-Stake Altcoin Discussion
Regarding feedback on the idea proposed in the paper:* As you mention in the pap…
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n/a | monsterer | January 07, 2016, 04:16:57 AM |
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Interleaved Mining - Increase decentralization of full nodes and mining Development & Technical Discussion
This reduces the security model of the entire chain to that of POS. Any attacker…
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n/a | monsterer | January 07, 2016, 03:30:21 AM |
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PROOF OF RAFFLE - URANTIA COIN Altcoin Discussion
Forks can happen if there are more than one confirmed different last block. The…
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n/a | monsterer | January 01, 2016, 06:54:04 AM |
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Wanted: Bitcoin merge mined clone coin that can atomically trade with Bitcoin. Altcoin Discussion
Sure, you could do like a cloakcoin style in-wallet trading app, you would still…
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n/a | monsterer | December 23, 2015, 05:34:19 AM |
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[ANN] Metaexchange fee sharing! Service Announcements (Altcoins)
3 days remaining in the fundraiser! Last chance to get some METAFEES
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n/a | monsterer | December 22, 2015, 11:36:26 AM |
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Turning POW on its head Altcoin Discussion
The more I think about this, the more it looks like POS with a block reward... S…
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n/a | monsterer | December 19, 2015, 05:52:02 PM |
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Turning POW on its head Altcoin Discussion
monsterer you are trying to reinvent my design? (referring to our recent discuss…
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n/a | monsterer | December 19, 2015, 05:33:20 PM |
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Turning POW on its head Altcoin Discussion
Warning half baked ideas incoming:The problem with consensus design in pseudonym…
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n/a | monsterer | December 19, 2015, 03:41:00 PM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
in the next paragraph I stated the order is not mathematically provable in Dash'…
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n/a | monsterer | December 19, 2015, 06:49:15 AM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
If they've already authorized a transaction spending some UTXO output, then that…
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n/a | monsterer | December 18, 2015, 07:21:11 PM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
5. I double spend the payment in another instant X transaction which also happen…
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n/a | monsterer | December 18, 2015, 11:02:36 AM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
But taking the model of "honest" staking at face value, at 49% you can only hope…
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n/a | monsterer | December 18, 2015, 09:22:28 AM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
The challenge is to think of example where it results in ambiguity about double-…
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n/a | monsterer | December 18, 2015, 10:18:35 AM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
Realize that normally masternodes can't lie because it is deterministically dete…
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n/a | monsterer | December 18, 2015, 06:27:12 AM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
Your degree of control is superlinear in the amount of your stake.Very interesti…
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n/a | monsterer | December 17, 2015, 02:11:27 PM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
In PoW, there is an unbounded cost to preventing anyone else from winning a bloc…
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n/a | monsterer | December 17, 2015, 10:13:26 AM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
Similar in being able to double spend only a short while until people notice wha…
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n/a | monsterer | December 17, 2015, 09:36:31 AM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
Not equal, but similar enough. You can double spend for a while until no one tru…
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n/a | monsterer | December 17, 2015, 08:52:25 AM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
Before I do that (please consider I'm not a crypto developer, just a random user…
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n/a | monsterer | December 17, 2015, 07:39:10 AM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
When an InstantX lock is achieved (takes a couple of seconds usually) and broadc…
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n/a | monsterer | December 17, 2015, 07:09:38 AM |
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Zero Knowledge Transactions Altcoin Discussion
I'd love to see a proof of that. Not meant as a challenge and I don't necessaril…
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n/a | monsterer | December 17, 2015, 05:16:01 AM |
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[EMUNIE] THE fastest crypto-currency Altcoin Discussion
1. If you've been programming for 25+ years, why would you use Java? It over sim…
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n/a | monsterer | December 17, 2015, 04:40:12 AM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
My understanding is these instant confirmations are still recorded in the block…
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n/a | monsterer | December 17, 2015, 04:20:11 AM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
Well I presume Evan's claim is that honest PoW miners will respect the propagate…
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n/a | monsterer | December 16, 2015, 06:04:24 PM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
Are you assuming the masternodes have a majority of the PoW? Masternodes are ort…
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n/a | monsterer | December 16, 2015, 05:35:35 PM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
I should clarify what I mean by this. Dash's Evolution proposes a feature where…
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n/a | monsterer | December 16, 2015, 03:50:33 PM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
Yes monsterer a socialized referral system. I thought from what I wrote, it woul…
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n/a | monsterer | December 16, 2015, 09:26:41 AM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
The game is literally the social networking game and I literally mean social, no…
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n/a | monsterer | December 16, 2015, 06:33:54 AM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
Let me explain why you are wrong with an intentionally-extreme example.Let's say…
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n/a | monsterer | December 15, 2015, 05:22:10 PM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
Regarding my follow up questions, I think I'm going to have to wait for your whi…
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n/a | monsterer | December 15, 2015, 03:36:35 PM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
If I understand you correctly, you are proposing to value the market cap at the…
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n/a | monsterer | December 15, 2015, 09:36:51 AM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
It can be faked if supply is tightly controlled. There is no risk to putting wha…
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n/a | monsterer | December 15, 2015, 04:49:23 AM |
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[neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? Altcoin Discussion
Are you suggesting that exchanges enforce that trades are Sybil-free? Doesn't th…
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n/a | monsterer | December 15, 2015, 03:39:41 AM |
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