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Ponzi vs Pyramid vs PoW vs PoS Altcoin Discussion
The key element of a Ponzi is having old holders paid by new people entering th…
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n/a | monsterer | October 16, 2015, 07:35:32 AM |
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Why are transaction malleable in the first place? Development & Technical Discussion
Wow, ouch. Can you point me to further reading on how this is possible?I'm sure…
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n/a | monsterer | October 16, 2015, 06:11:22 AM |
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Why are transaction malleable in the first place? Development & Technical Discussion
Every tx is signed - the problem is the signature itself (which is considered pa…
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n/a | monsterer | October 16, 2015, 05:04:55 AM |
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Altcoin Sub Fans... Time to Let Go of Your Altcoin and Buy Bitcoin Altcoin Discussion
having value in part because of the expense required to generate coins, and also…
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n/a | monsterer | October 16, 2015, 04:58:00 AM |
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Why are transaction malleable in the first place? Development & Technical Discussion
Dumb question, but why is it possible to change somebody else's transaction in a…
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n/a | monsterer | October 16, 2015, 04:55:28 AM |
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Complete dezentralisation of mining possible ? Development & Technical Discussion
Makes pools a bitch but doesn't make distribution of a new block such a bitch. …
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n/a | monsterer | October 15, 2015, 12:16:40 PM |
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Complete dezentralisation of mining possible ? Development & Technical Discussion
I don't why simply leaving the coinbase TX outside of the to-hash-for-POW bit wo…
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n/a | monsterer | October 15, 2015, 05:06:13 AM |
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"I Survived the BTS 2.0 Launch!" Altcoin Discussion
My popcorn was grabbed long ago. Now its time to eat and watch.
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n/a | monsterer | October 13, 2015, 08:20:46 AM |
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December 2015 "Fastest Crypto" Bake-Off Altcoin Discussion
Why? If both provide a public record, are secure, provide consensus, what exact…
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n/a | monsterer | October 09, 2015, 02:42:46 AM |
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October 2015 "Fastest Crypto" Bake-Off Altcoin Discussion
Your post proves how easy it is to manipulate people.Your definition of 'manipul…
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n/a | monsterer | October 08, 2015, 05:48:56 AM |
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October 2015 "Fastest Crypto" Bake-Off Altcoin Discussion
You must be confusing ZeroTime with instantX because your missing allot here and…
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n/a | monsterer | October 08, 2015, 04:50:09 AM |
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New transaction malleability attack wave? Another stresstest? Development & Technical Discussion
Yes but bigger blocks could mean that it's more expensive for miners to process…
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n/a | monsterer | October 07, 2015, 03:08:16 PM |
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Why did Ethereum choose to create an altcoin? Altcoin Discussion
The only problem with Ethereum is they released a coin without making a consensu…
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n/a | monsterer | October 07, 2015, 11:20:14 AM |
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[EMUNIE] Decentralized debit cards and integrated PoS systems - *first look* Altcoin Discussion
Merchant needs access to the full UTXO because there is no way to identify which…
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n/a | monsterer | October 07, 2015, 09:10:18 AM |
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New transaction malleability attack wave? Another stresstest? Development & Technical Discussion
This is not enough. Users should pay $6 per every tx. Only to remain current pri…
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n/a | monsterer | October 07, 2015, 09:06:36 AM |
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[EMUNIE] Decentralized debit cards and integrated PoS systems - *first look* Altcoin Discussion
Where do you get the inputs from that are required to make the transaction?The l…
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n/a | monsterer | October 07, 2015, 08:50:23 AM |
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[EMUNIE] Decentralized debit cards and integrated PoS systems - *first look* Altcoin Discussion
Ours is, and that is all we need. The merchants create the transactions, pass t…
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n/a | monsterer | October 07, 2015, 08:45:23 AM |
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New transaction malleability attack wave? Another stresstest? Development & Technical Discussion
Good. How many bitcoiners send their funds paying $6 fees?How many transactions…
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n/a | monsterer | October 07, 2015, 08:41:48 AM |
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New transaction malleability attack wave? Another stresstest? Development & Technical Discussion
Today the bitcoin network spends several hundred thousands dollars daily only fo…
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n/a | monsterer | October 07, 2015, 08:26:03 AM |
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[EMUNIE] Decentralized debit cards and integrated PoS systems - *first look* Altcoin Discussion
In the case of BTC and clones for example, the problem is the UTXOs. The card…
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n/a | monsterer | October 07, 2015, 08:22:11 AM |
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New transaction malleability attack wave? Another stresstest? Development & Technical Discussion
By that time, it is supposed that transaction fees will compensate. No one can p…
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n/a | monsterer | October 07, 2015, 08:04:08 AM |
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New transaction malleability attack wave? Another stresstest? Development & Technical Discussion
So, the game will be over when the cost is more than block reward.By that time,…
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n/a | monsterer | October 07, 2015, 07:44:27 AM |
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New transaction malleability attack wave? Another stresstest? Development & Technical Discussion
The cost is high, but nobody sees it, because the payment is delayed for future.…
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n/a | monsterer | October 07, 2015, 06:39:33 AM |
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[EMUNIE] Decentralized debit cards and integrated PoS systems - *first look* Altcoin Discussion
There are no forks. There are no blocks. Get out of the blockchain mindset. Y…
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n/a | monsterer | October 07, 2015, 05:56:51 AM |
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New transaction malleability attack wave? Another stresstest? Development & Technical Discussion
A game: cite of an example where the universe has evolved a natural system exh…
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n/a | monsterer | October 07, 2015, 04:35:43 AM |
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New transaction malleability attack wave? Another stresstest? Development & Technical Discussion
This stress-test wasn't direct attempt to prove anything.I do not how to explain…
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n/a | monsterer | October 07, 2015, 03:23:23 AM |
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New transaction malleability attack wave? Another stresstest? Development & Technical Discussion
OK. So my reason is to protect your life savings from this ponzi scheme called b…
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n/a | monsterer | October 07, 2015, 03:12:56 AM |
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[EMUNIE] Decentralized debit cards and integrated PoS systems - *first look* Altcoin Discussion
I saw that earlier and its about as good as you'll ever get with Bitcoin and oth…
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n/a | monsterer | October 07, 2015, 02:08:03 AM |
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Are instantly confirmed decentralized transactions even theoretically possible? Development & Technical Discussion
Transactions in 2.0 might get into a block in 3 seconds, but it takes 30s for th…
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n/a | monsterer | October 06, 2015, 07:42:46 AM |
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Are instantly confirmed decentralized transactions even theoretically possible? Development & Technical Discussion
BitShares does 3 second transactions currently at speeds of up to 1000tps and st…
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n/a | monsterer | October 06, 2015, 07:30:15 AM |
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[EMUNIE] Decentralized debit cards and integrated PoS systems - *first look* Altcoin Discussion
I recommend you use a different acronym for Point Of Sale, otherwise you will co…
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n/a | monsterer | October 06, 2015, 05:44:32 AM |
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Are instantly confirmed decentralized transactions even theoretically possible? Development & Technical Discussion
the way that instant confirms would work is not to speed up the block solving. b…
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n/a | monsterer | October 06, 2015, 05:21:24 AM |
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Are instantly confirmed decentralized transactions even theoretically possible? Development & Technical Discussion
The problem is that "confirmed" != "secured".There is not a problem to have bloc…
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n/a | monsterer | October 06, 2015, 04:57:03 AM |
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[EMUNIE] Decentralized debit cards and integrated PoS systems - *first look* Altcoin Discussion
I recommend you use a different acronym for Point Of Sale, otherwise you will co…
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n/a | monsterer | October 05, 2015, 04:34:36 AM |
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r0ach vs DecentraliseEconomics/ BTS VS NXT/ My Junk vs Your Junk Altcoin Discussion
You could easily turn NXT into a system with comparable block times if you emplo…
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n/a | monsterer | October 05, 2015, 02:46:25 AM |
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[EMUNIE] Decentralized debit cards and integrated PoS systems - *first look* Altcoin Discussion
Very cool.Does this mean you'll need to write firmware/software updates for ever…
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n/a | monsterer | October 05, 2015, 02:39:44 AM |
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Are instantly confirmed decentralized transactions even theoretically possible? Development & Technical Discussion
Thank you for the math, but what about the idea of providing the proof that coin…
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n/a | monsterer | October 02, 2015, 01:11:44 PM |
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Memory-hard proof-of-work with fast verification and tunable tradeoff resilience Altcoin Discussion
Do we have any 'branching hard' POW variations yet? Branching is what really mak…
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n/a | monsterer | October 01, 2015, 03:43:51 PM |
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Are instantly confirmed decentralized transactions even theoretically possible? Development & Technical Discussion
OP this is an excellent question. The currently accepted answer is: no... The be…
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n/a | monsterer | October 01, 2015, 03:41:06 PM |
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[XRP] XRPs are premined, "Math Based", but otherwise vaguely defined.... Altcoin Discussion
XRPs are not premined, since there is no mining in ripple. XRPs were IPOed into…
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n/a | monsterer | September 24, 2015, 12:55:58 PM |
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[VNL] Vanillacoin, a quiet word of warning. Altcoin Discussion
I see now multiple threads about Vanillacoin, but where is an intelligent discus…
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n/a | monsterer | September 24, 2015, 12:35:06 PM |
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DagCoin: a cryptocurrency without blocks Development & Technical Discussion
I wasn't going to discuss that algorithm at all, but you were asking about it It…
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n/a | monsterer | September 24, 2015, 09:00:55 AM |
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DagCoin: a cryptocurrency without blocks Development & Technical Discussion
This signing algorithm is supposed to be used in a PoW cryptocoin only. Every ke…
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n/a | monsterer | September 24, 2015, 08:50:54 AM |
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DagCoin: a cryptocurrency without blocks Development & Technical Discussion
you should never be able to forge a signature.Why?If I sign a msg with my privat…
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n/a | monsterer | September 24, 2015, 08:37:43 AM |
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DagCoin: a cryptocurrency without blocks Development & Technical Discussion
I'm talking about weaker cryptographic security. More PoW done -> stronger the s…
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n/a | monsterer | September 24, 2015, 04:25:54 AM |
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DagCoin: a cryptocurrency without blocks Development & Technical Discussion
Those who generate little PoW may see their coins double-spent by others.To clar…
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n/a | monsterer | September 24, 2015, 04:08:10 AM |
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DagCoin: a cryptocurrency without blocks Development & Technical Discussion
Low security transactions are secured once they are included into the graph, dou…
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n/a | monsterer | September 24, 2015, 03:50:37 AM |
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why you should really consider VNL. Altcoin Discussion
You can prove ZeroTime is not safe but anything less means exactly that, nothing…
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n/a | monsterer | September 24, 2015, 02:47:18 AM |
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why you should really consider VNL. Altcoin Discussion
I like dash/dark really I do, but quasi instant transfers through masternodes is…
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n/a | monsterer | September 24, 2015, 02:28:41 AM |
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why you should really consider VNL. Altcoin Discussion
He has made a project that allows us to trade coins instantly.Like dash did mont…
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n/a | monsterer | September 24, 2015, 02:07:41 AM |
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DagCoin: a cryptocurrency without blocks Development & Technical Discussion
If miners == users then I suggest to use a digital signature algorithm which sec…
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n/a | monsterer | September 24, 2015, 02:05:58 AM |
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Let's Talk About Consensus Dangers in Block Rewards Altcoin Discussion
You'd have to use an integer math approximation; reward can only be 1 satoshi mi…
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n/a | monsterer | September 23, 2015, 04:54:56 PM |
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DagCoin: a cryptocurrency without blocks Development & Technical Discussion
Looks like we are talking about different DAG-coins. My version of DAG doesn't c…
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n/a | monsterer | September 23, 2015, 02:26:07 PM |
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just a little heads up for those who want in on VNL incentive before collateral Altcoin Discussion
pointless?? seriously? you think having more fully working nodes is pointless?…
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n/a | monsterer | September 23, 2015, 03:11:40 AM |
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just a little heads up for those who want in on VNL incentive before collateral Altcoin Discussion
collateral and incentives are seperate from superpeersthough you must be running…
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n/a | monsterer | September 22, 2015, 12:33:51 PM |
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just a little heads up for those who want in on VNL incentive before collateral Altcoin Discussion
Super peers are unlimited in number, and they don't do anything different than p…
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n/a | monsterer | September 22, 2015, 12:15:43 PM |
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DagCoin: a cryptocurrency without blocks Development & Technical Discussion
Wrong; blocks need timestamps in order to retarget the PoW difficulty.Quoting fr…
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n/a | monsterer | September 22, 2015, 08:35:03 AM |
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DagCoin: a cryptocurrency without blocks Development & Technical Discussion
It's completely wrong. There is no nodes, there is no even time (transactions do…
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n/a | monsterer | September 22, 2015, 03:21:28 AM |
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Reducing the orphan rate to 0 in a >100k TPS chain Development & Technical Discussion
Four possible solutions for a 10 sec blockchain with low wasted PoW:1. GHOST: ht…
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n/a | monsterer | September 20, 2015, 10:23:43 AM |
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Smooth VS VNL Altcoin Discussion
Smooth - the dev of XMR has made serious accusations against Vanilla coin: john-…
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n/a | monsterer | September 20, 2015, 04:13:15 AM |
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Reducing the orphan rate to 0 in a >100k TPS chain Development & Technical Discussion
I think you're missing my point: There is no reason to care about orphans absen…
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n/a | monsterer | September 20, 2015, 04:12:08 AM |
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Reducing the orphan rate to 0 in a >100k TPS chain Development & Technical Discussion
The reason to care about "orphaned" blocks is because you might believe a transa…
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n/a | monsterer | September 19, 2015, 04:43:13 PM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
By making pools appear smaller they encourage independent miners to (continue to…
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n/a | monsterer | September 19, 2015, 09:58:09 AM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
In my original post I give an example of why that's not true. The same guy can…
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n/a | monsterer | September 18, 2015, 05:31:58 PM |
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need someone familiar with finite field arithmetic to write whitepaper Services
I created an algorithm that solves a relevant problem and I am looking for someo…
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n/a | monsterer | September 18, 2015, 05:21:57 PM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
With PoS/PoI/DPoS a sybil attack can come without any notice and with potentiall…
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n/a | monsterer | September 18, 2015, 07:06:06 AM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
The gap is pretty large and "therefore" is not enough here. The fact that we don…
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n/a | monsterer | September 18, 2015, 05:52:25 AM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
No, I'm proving that Bitcoin doesn't function at all like the PDF states. Words…
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n/a | monsterer | September 18, 2015, 03:14:35 AM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
yes, i can pull my hash rate AFTEr the attack has occurred that's fault recover…
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n/a | monsterer | September 17, 2015, 04:48:04 PM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
Here's the battle of the century of r0ach vs smooth regarding this issue. They…
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n/a | monsterer | September 17, 2015, 04:34:41 PM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
Bitcoin is Byzantine resilient because of PoW and Game theory. Bitcoin follows N…
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n/a | monsterer | September 17, 2015, 03:27:07 PM |
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Satoshi didn't solve the Byzantine generals problem Altcoin Discussion
I feel this topic deserves it's own thread and would get stonewalled with popula…
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n/a | monsterer | September 17, 2015, 03:25:26 PM |
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Reducing the orphan rate to 0 in a >100k TPS chain Development & Technical Discussion
There are two main reasons we get orphaned blocks in blockchains:1) N miners sim…
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n/a | monsterer | September 17, 2015, 10:08:23 AM |
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Why Proof of Burn cannot work cleanly in practice Altcoin Discussion
Over the last few days I've been musing about a consensus design involving Proof…
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n/a | monsterer | September 17, 2015, 06:09:18 AM |
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The state of crypto - The only serious thread on the subforum Altcoin Discussion
No the essence of sybil is that you can make one appear to be many (and get more…
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n/a | monsterer | September 17, 2015, 03:30:39 AM |
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The state of crypto - The only serious thread on the subforum Altcoin Discussion
The pool sybil is due to pool mining, not ASICs. Even before ASICs, there were p…
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n/a | monsterer | September 17, 2015, 03:18:31 AM |
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The state of crypto - The only serious thread on the subforum Altcoin Discussion
The system is currently designed to create a constantly diminishing working setT…
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n/a | monsterer | September 17, 2015, 03:15:06 AM |
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The state of crypto - The only serious thread on the subforum Altcoin Discussion
Delegated proof of work, which Bitcoin is, doesn't. It's no more fault tolerant…
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n/a | monsterer | September 16, 2015, 04:51:26 PM |
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The state of crypto - The only serious thread on the subforum Altcoin Discussion
And why Ethereum is in such huge trouble that nobody seems to acknowledge. It t…
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n/a | monsterer | September 16, 2015, 02:52:50 PM |
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The state of crypto - The only serious thread on the subforum Altcoin Discussion
bitcoin and everything todate related is simply an overkill in complication for…
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n/a | monsterer | September 16, 2015, 02:09:11 AM |
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DagCoin: a cryptocurrency without blocks Development & Technical Discussion
Or you could pay money to someone to find a PoW nonce for you.Having a p2p marke…
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n/a | monsterer | September 16, 2015, 02:06:00 AM |
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The state of crypto - The only serious thread on the subforum Altcoin Discussion
PoS is the futurePOS is the past
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n/a | monsterer | September 15, 2015, 01:26:37 PM |
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DagCoin: a cryptocurrency without blocks Development & Technical Discussion
A key epiphany is that POW = coins. So you can replace transaction fees with sol…
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n/a | monsterer | September 15, 2015, 01:24:42 PM |
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The state of crypto - The only serious thread on the subforum Altcoin Discussion
I saw your idea of a proof of burn coin. Seems hard to get those right since yo…
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n/a | monsterer | September 15, 2015, 03:36:40 AM |
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The state of crypto - The only serious thread on the subforum Altcoin Discussion
You don't know how his chain is structured (is it even a chain of blocks or is i…
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n/a | monsterer | September 14, 2015, 04:37:16 PM |
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The state of crypto - The only serious thread on the subforum Altcoin Discussion
A, B, and C are not good arguments because he hasn't disclosed enough about the…
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n/a | monsterer | September 14, 2015, 04:06:28 PM |
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The state of crypto - The only serious thread on the subforum Altcoin Discussion
Of these only D) is a reasonably good argument. Or to put it another way, if so…
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n/a | monsterer | September 14, 2015, 04:02:16 PM |
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The state of crypto - The only serious thread on the subforum Altcoin Discussion
Ooh, right yeah. That opens a major can of worms though....Worm A) difficultyWo…
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n/a | monsterer | September 14, 2015, 12:58:56 PM |
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The state of crypto - The only serious thread on the subforum Altcoin Discussion
Where did he say that?Meh...there is too much vague detail spread too thin and I…
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n/a | monsterer | September 14, 2015, 12:37:09 PM |
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DagCoin: a cryptocurrency without blocks Development & Technical Discussion
Outputs consumed by the tx are already linked to.These are unrelated and should…
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n/a | monsterer | September 14, 2015, 12:34:12 PM |
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The state of crypto - The only serious thread on the subforum Altcoin Discussion
I envision millisecond confirmation speed.What about network latency?https://en.…
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n/a | monsterer | September 14, 2015, 12:31:04 PM |
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DagCoin: a cryptocurrency without blocks Development & Technical Discussion
The transaction links point to related transactions, such as inputs and outputs…
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n/a | monsterer | September 14, 2015, 10:45:48 AM |
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ion discussion Altcoin Discussion
1. There is a mining requirement because transactions sent without proof-of-work…
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n/a | monsterer | September 14, 2015, 08:41:48 AM |
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POW + POS idea.. Altcoin Discussion
I'm sure there would many advantages to such a system, but there is certainly a…
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n/a | monsterer | September 14, 2015, 05:55:53 AM |
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POW + POS idea.. Altcoin Discussion
By "Nothing at stake" you mean the attack described in this link http://papers.s…
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n/a | monsterer | September 14, 2015, 04:06:38 AM |
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POW + POS idea.. Altcoin Discussion
Obviously, having the chain timestamped with POW, means that all the costless at…
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n/a | monsterer | September 14, 2015, 03:50:58 AM |
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ion.cash "developer" a.k.a. Anonymint goes off the deep end Altcoin Discussion
Not sure what thread is now the right place to post technical questions, so gonn…
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n/a | monsterer | September 14, 2015, 03:46:18 AM |
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PoS vs PoW Altcoin Discussion
what i don't really understand is how you actually generate coins with proof of…
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n/a | monsterer | September 10, 2015, 04:27:12 PM |
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Do unforgeable p2p random numbers rely on max difficulty POW? Altcoin Discussion
Just to be clear, is the question, How do I get a random number from a POS chain…
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n/a | monsterer | September 10, 2015, 08:33:43 AM |
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[EMUNIE] One small step for transactions, one giant leap for crypto Altcoin Discussion
Without the endorsements/trust, service nodes could not be paid fairly for the w…
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n/a | monsterer | September 10, 2015, 05:54:06 AM |
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