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Blink - The most scalable alternative to blockchain Altcoin Discussion
There's no way to create inconsistent transactions like this, the worst that cou…
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n/a | monsterer2 | February 23, 2018, 06:02:20 AM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
You've glossed over it, and the paper doesn't cover it. This is the core of your…
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n/a | monsterer2 | February 22, 2018, 03:05:40 PM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
How is that possible? With 10000 transactions per second, you can never guarante…
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n/a | monsterer2 | February 22, 2018, 01:05:40 PM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
By continually submitting conflicting transactions. Network latency means its ve…
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n/a | monsterer2 | February 22, 2018, 11:44:04 AM |
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BTC mempool cleared out completely for the first time in 3 mths - ‘historic’ pic Bitcoin Discussion
It's not withdrawal that causes people to pay those size fees, its getting depos…
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n/a | monsterer2 | February 22, 2018, 11:39:47 AM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
Why cant I? If consensus nodes are tricked into acting badly, the network's deci…
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n/a | monsterer2 | February 22, 2018, 11:29:23 AM |
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BTC mempool cleared out completely for the first time in 3 mths - ‘historic’ pic Bitcoin Discussion
I'd love to know the answer to this question:Who is paying 200, 500, 800 or even…
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n/a | monsterer2 | February 22, 2018, 10:59:29 AM |
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BTC mempool cleared out completely for the first time in 3 mths - ‘historic’ pic Bitcoin Discussion
I'd love to know the answer to this question:Who is paying 200, 500, 800 or even…
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n/a | monsterer2 | February 22, 2018, 09:29:46 AM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
Transaction fees are not the only reward they get, there is also a certain newly…
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n/a | monsterer2 | February 22, 2018, 07:06:45 AM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
At page 27 of the white paper you can read about the consensus protocol. At page…
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n/a | monsterer2 | February 22, 2018, 06:51:10 AM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
But the consensus part is different than the tx broadcasting and lasts for more…
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n/a | monsterer2 | February 22, 2018, 06:05:28 AM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
"The protocol assumes the nodes are not necessarily up to date with the state of…
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n/a | monsterer2 | February 22, 2018, 05:52:33 AM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
Sorry, but what you're describing doesn't really apply, since the locker respons…
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n/a | monsterer2 | February 22, 2018, 04:21:57 AM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
You have to provide proof of the conflicting transactions, as two locker signatu…
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n/a | monsterer2 | February 21, 2018, 03:13:27 PM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
You can actually harvest all the stake from the entire rest of the network.What…
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n/a | monsterer2 | February 21, 2018, 02:28:47 PM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
So, as an attacker with large stake, all I need to do is vote against valid tran…
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n/a | monsterer2 | February 21, 2018, 11:57:14 AM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
'Find out' needs some clarification. Why can't I create a million network nodes…
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n/a | monsterer2 | February 21, 2018, 11:49:23 AM |
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Blink - The most scalable alternative to blockchain Altcoin Discussion
QuoteNote that an inconsistency can never occur without the complicity of the lo…
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n/a | monsterer2 | February 21, 2018, 11:39:33 AM |
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How does PoW overcome BFT Development & Technical Discussion
Thank you @monsterer2 , this certainly helps. I still have more questions though…
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n/a | monsterer2 | February 21, 2018, 05:16:01 AM |
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How does PoW overcome BFT Development & Technical Discussion
Please can anyone explain to me exactly how proof of work is a solution to byz…
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n/a | monsterer2 | February 21, 2018, 04:25:37 AM |
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Conway's Game of Life as PoW problem Development & Technical Discussion
Now lets suppose that figuring out a solution for the next block (1100):Code:4 .…
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n/a | monsterer2 | February 21, 2018, 04:07:20 AM |
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Possible Double-Spend attack on BCash using Bitcoin Mining pool Development & Technical Discussion
This is very interesting attack vector on currencies that utilize same POW algo.…
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n/a | monsterer2 | February 13, 2018, 07:17:01 AM |
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How about a Stable Bitcoin on Sidechain? Serious discussion
Let's just pretend this works (not possible though to pretend about it) and a st…
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n/a | monsterer2 | February 09, 2018, 02:51:23 AM |
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Empty Blocks:Good or bad? Development & Technical Discussion
It's bad because its against the nash-equilibrium. Minting empty blocks does not…
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n/a | monsterer2 | February 07, 2018, 07:19:45 AM |
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How about a Stable Bitcoin on Sidechain? Serious discussion
Sorry guys for late reply. I was thinking that this would work without depending…
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n/a | monsterer2 | February 06, 2018, 06:35:08 AM |
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Some cryptocurrency questions for dinofelis. Development & Technical Discussion
In fact the ONLY alt coin that has NO expectations of rise, and is working more…
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n/a | monsterer2 | February 04, 2018, 12:46:56 PM |
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Why are there still no Options exchanges? Altcoin Discussion
https://www.deribit.com
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n/a | monsterer2 | February 04, 2018, 09:23:11 AM |
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Some cryptocurrency questions for dinofelis. Development & Technical Discussion
After a while, the price would "stick". People wouldn't put fortunes in it, the…
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n/a | monsterer2 | February 04, 2018, 09:06:32 AM |
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Some cryptocurrency questions for dinofelis. Development & Technical Discussion
How would that work out when the BTC price goes down to $0.1 ?Depends how fast t…
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n/a | monsterer2 | February 04, 2018, 07:27:30 AM |
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Some cryptocurrency questions for dinofelis. Development & Technical Discussion
I tried to explain that with a non-backed asset, that is a potential outcome tha…
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n/a | monsterer2 | February 04, 2018, 07:01:16 AM |
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Some cryptocurrency questions for dinofelis. Development & Technical Discussion
I largely agree with your analysis. What I don't agree with is your assertion th…
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n/a | monsterer2 | February 04, 2018, 06:05:30 AM |
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Some cryptocurrency questions for dinofelis. Development & Technical Discussion
If you can make it such, that the economic cost of PoW is constant, or even cont…
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n/a | monsterer2 | February 04, 2018, 03:46:44 AM |
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How about a Stable Bitcoin on Sidechain? Serious discussion
As far as i know, the benefits you mentioned can't be achieved with Sidechain an…
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n/a | monsterer2 | February 02, 2018, 05:50:05 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
I half agree with that. PoW uses an INACCEPTABLE amount of energy, to establish…
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n/a | monsterer2 | February 02, 2018, 02:39:49 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
seeing you guys argue is like watching democrats and republicans. One side will…
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n/a | monsterer2 | February 01, 2018, 03:50:15 PM |
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Proof of Stake Bitcoin? Development & Technical Discussion
The fundamental rule is simply: you never wind back. You never accept to "erase…
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n/a | monsterer2 | February 01, 2018, 02:45:06 PM |
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Proof of Stake Bitcoin? Development & Technical Discussion
Well, you may have successfully created a different coin, yes. It wouldn't be a…
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n/a | monsterer2 | February 01, 2018, 06:23:37 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
You cannot prove that to an offline party afterwards of course, but that's the c…
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n/a | monsterer2 | February 01, 2018, 05:59:56 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
You cannot attack a system that doesn't rewind. But for that, you simply need o…
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n/a | monsterer2 | February 01, 2018, 05:38:30 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
This is the error: there's no *monetary* profit motive necessary to get a Nash e…
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n/a | monsterer2 | February 01, 2018, 04:35:53 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
Well, it fails on decentralization already, and "asymptotically" means wasting m…
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n/a | monsterer2 | February 01, 2018, 03:31:17 AM |
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Pricing and arbitrage: what are the requirements? Economics
The example detail is a bit confusing. If I understand correctly, you want to bu…
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n/a | monsterer2 | February 01, 2018, 03:24:52 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
If it is necessary for a system to waste GW of electricity as its fundamental "s…
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n/a | monsterer2 | January 31, 2018, 02:42:02 PM |
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Proof of Stake Bitcoin? Development & Technical Discussion
If you're talking about trustlessness, you cannot include hypotheses like this.…
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n/a | monsterer2 | January 31, 2018, 11:38:57 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
Because if not, the other half may be used to produce that famous B. How do yo…
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n/a | monsterer2 | January 31, 2018, 10:54:50 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
Here's the problem bitcoin's proof of waste tries to solve: "show me that, among…
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n/a | monsterer2 | January 31, 2018, 09:57:10 AM |
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New Framework : Per Person Blockchain Looking for Coders Archival
Look at Raiblocks
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n/a | monsterer2 | January 31, 2018, 05:47:36 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
Largely a very long rant about money being the root of all evil, isn't it?Not at…
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n/a | monsterer2 | January 31, 2018, 05:44:07 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
I would like to draw one's attention to the thread I have elsewhere, which point…
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n/a | monsterer2 | January 31, 2018, 05:33:54 AM |
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Goodbye Blockchain. Hello Hashgraph. Altcoin Discussion
I wrote a short analysis on hashgraph here:https://bitcointalk.org/index.php?top…
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n/a | monsterer2 | January 31, 2018, 04:58:46 AM |
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Pricing and arbitrage: what are the requirements? Economics
For example, you are assuming that in order to arbitrage you must move your coin…
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n/a | monsterer2 | January 28, 2018, 05:12:47 AM |
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Scaling bitcoin: the elephant in the room Development & Technical Discussion
For anyone interested, I've attached a draft whitepaper explaining all the detai…
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n/a | monsterer2 | January 28, 2018, 05:05:57 AM |
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Scaling bitcoin: the elephant in the room Development & Technical Discussion
Hi there,It seems to me that no one is talking about something quite obvious tha…
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n/a | monsterer2 | July 20, 2017, 01:51:31 AM |
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Scaling bitcoin: the elephant in the room Development & Technical Discussion
The difficulty was brought in to prevent one "bad" actor with massive amounts of…
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n/a | monsterer2 | January 27, 2018, 06:44:01 AM |
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Scaling bitcoin: the elephant in the room Development & Technical Discussion
*) Block reward is proportional to chosen difficulty (up to a an moore's law bas…
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n/a | monsterer2 | January 27, 2018, 02:15:51 AM |
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Pricing and arbitrage: what are the requirements? Economics
The market structure does not matter; the strike/price/numbers that you input an…
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n/a | monsterer2 | January 27, 2018, 02:11:51 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
It is a silly idea to want to be able to prove to you that during your absence,…
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n/a | monsterer2 | January 26, 2018, 08:35:35 AM |
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Pricing and arbitrage: what are the requirements? Economics
Hello all,I've been mulling over in my head what the requirements are for inter-…
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n/a | monsterer2 | January 26, 2018, 08:28:36 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
Order is simply a consensus. It has not much to do with time. In fact, transac…
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n/a | monsterer2 | January 26, 2018, 06:34:22 AM |
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Scaling bitcoin: the elephant in the room Development & Technical Discussion
You basically mentioned uncle blocks which is used by Ethereum.While it could re…
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n/a | monsterer2 | January 26, 2018, 04:37:44 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
Yes, and nobody needs that. One only needs ORDER, not "real world time proxies"…
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n/a | monsterer2 | January 26, 2018, 04:35:13 AM |
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Human Hash Development & Technical Discussion
In theory something bitcoin-like can be done with the parts human can regrow (li…
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n/a | monsterer2 | January 25, 2018, 09:34:24 AM |
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Scaling bitcoin: the elephant in the room Development & Technical Discussion
I've been thinking about this more recently, because no-one has come up with a r…
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n/a | monsterer2 | January 25, 2018, 05:56:13 AM |
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Human Hash Development & Technical Discussion
That it is not true . Such feature is not in contrast with privacy . You can bui…
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n/a | monsterer2 | January 25, 2018, 05:17:53 AM |
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Radix - Tempo Whitepaper Altcoin Discussion
Hi Fuserleer,I've only just spotted this thread and your whitepaper - congrats o…
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n/a | monsterer2 | January 25, 2018, 05:07:10 AM |
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Human Hash Development & Technical Discussion
"Please prove that the hash ab6fd77492250e897cf8f0851a9f7de2331aaa3bfb16bb703755…
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n/a | monsterer2 | January 24, 2018, 03:40:11 PM |
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Human Hash Development & Technical Discussion
I think, it's really easy:SHA256("My name is XY, I was born in country XZ and my…
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n/a | monsterer2 | January 24, 2018, 03:10:05 PM |
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Human Hash Development & Technical Discussion
You need a self contained problem that only humans can solve, but that a compute…
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n/a | monsterer2 | January 24, 2018, 10:01:20 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
PoW has been shown, in bitcoin, to centralize, and we know the economic reason f…
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n/a | monsterer2 | January 24, 2018, 09:39:45 AM |
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finding a reCAPTCHA like route for use in bitcoin network instead of POW? Development & Technical Discussion
The idea is solid, a human powered PoW has merit from a technical and curiosity…
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n/a | monsterer2 | October 14, 2017, 01:15:10 PM |
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T.E.T.O - trustless total order for transactions in a DAG based cryptocurrency Development & Technical Discussion
(*) preventing from this attack because these txs from IOT are considered as hon…
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n/a | monsterer2 | October 09, 2017, 01:27:26 AM |
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T.E.T.O - trustless total order for transactions in a DAG based cryptocurrency Development & Technical Discussion
Nice reading - yes definitelyBut could you think of an double -> infinity times…
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n/a | monsterer2 | October 03, 2017, 04:51:09 AM |
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Scaling bitcoin: the elephant in the room Development & Technical Discussion
Hi Fuserleer,I largely agree with your assessment, but I think the only real pro…
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n/a | monsterer2 | October 02, 2017, 08:23:26 AM |
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Theymos's list of altcoins with some technical merit Altcoin Discussion
There is only one provably secure PoS whitepaper that has security proofs dealin…
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n/a | monsterer2 | August 24, 2017, 10:27:48 AM |
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Why doesn't transaction confirmation depend on accumulated miner reward? Development & Technical Discussion
Miners actually probably have no knowledge of your transaction's existance. Henc…
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n/a | monsterer2 | August 24, 2017, 10:17:50 AM |
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Why doesn't transaction confirmation depend on accumulated miner reward? Development & Technical Discussion
I can't answer that directly, but I can give this small partial confirmation abo…
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n/a | monsterer2 | August 24, 2017, 04:39:24 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
There is no difference between PoW and PoS with respect to the power of "the sup…
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n/a | monsterer2 | August 24, 2017, 12:57:12 AM |
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Does anyone truly understand IOTA? Altcoin Discussion
Iota cannot work as designed. Without miners there is no possible, trustless con…
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n/a | monsterer2 | August 22, 2017, 11:32:37 AM |
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Does anyone truly understand IOTA? Altcoin Discussion
Iota cannot work as designed. Without miners there is no possible, trustless con…
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n/a | monsterer2 | August 22, 2017, 08:31:38 AM |
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Do all blockchains use proof of work? Altcoin Discussion
Is it necessary for a given blockchain to have a consensus algorithm? Is that th…
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n/a | monsterer2 | August 22, 2017, 07:52:14 AM |
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Do all blockchains use proof of work? Altcoin Discussion
Is it necessary for a given blockchain to have a consensus algorithm? Is that th…
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n/a | monsterer2 | August 21, 2017, 03:05:39 PM |
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DagCoin: a cryptocurrency without blocks Development & Technical Discussion
Can we close this thread now? It has turned into an advert and diverged from the…
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n/a | monsterer2 | August 20, 2017, 05:15:27 AM |
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Theymos's list of altcoins with some technical merit Altcoin Discussion
I hope you are referring to the Shells I mentioned earlier because no crypto mat…
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n/a | monsterer2 | August 20, 2017, 05:12:45 AM |
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Ripple = Centralized??? think again 😊 Altcoin Discussion
Did you read this post?https://ripple.com/insights/how-we-are-further-decentrali…
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n/a | monsterer2 | August 18, 2017, 10:53:45 AM |
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Theymos's list of altcoins with some technical merit Altcoin Discussion
Bitcoin (and the rest of crypto) has almost zero value as a currency...Seems to…
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n/a | monsterer2 | August 18, 2017, 08:49:52 AM |
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Increasing Block size lowers the value of Bitcoin Bitcoin Discussion
Just think about the Blockchain as high demand realestate. If there is an office…
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n/a | monsterer2 | August 17, 2017, 01:15:46 PM |
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Proof of Stake Bitcoin? Development & Technical Discussion
The (very low) risk of a temporary blockchain halt is one I would be willing to…
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n/a | monsterer2 | August 13, 2017, 03:57:03 PM |
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Do you think "iamnotback" really has the" Bitcoin killer"? Altcoin Discussion
And I don't believe for a second none of them are aware of the potential disaste…
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n/a | monsterer2 | August 13, 2017, 11:44:23 AM |
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Do you think "iamnotback" really has the" Bitcoin killer"? Altcoin Discussion
Read the answer to shelby's question on stack overflow: https://bitcoin.stackexc…
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n/a | monsterer2 | August 12, 2017, 02:16:03 PM |
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Alt coins that have exploded: what similarities do they share? Altcoin Discussion
You realise you are essentially asking how to judge which businesses are a good…
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n/a | monsterer2 | August 11, 2017, 08:54:23 AM |
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What is "Satoshi's vision"? which camp is right? Bitcoin Discussion
Neither is right. Bitcoin needs major changes to scale long term.
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n/a | monsterer2 | August 11, 2017, 08:51:35 AM |
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What do you think of Chronologic (proof of time) ? Altcoin Discussion
The creator of eos was talking about this concept. He says in the future bitcoin…
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n/a | monsterer2 | August 08, 2017, 01:04:46 PM |
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What do you think of Chronologic (proof of time) ? Altcoin Discussion
PoW isn't really precise at measuring time due to the luck factor. According to…
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n/a | monsterer2 | August 08, 2017, 12:33:39 PM |
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What do you think of Chronologic (proof of time) ? Altcoin Discussion
This is stupid. It's just a token on Etheruem, not a true currency. Their consen…
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n/a | monsterer2 | August 08, 2017, 05:05:29 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
QuotePoS isn't permissionless like PoW is; you have to buy stake with which to p…
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n/a | monsterer2 | August 08, 2017, 05:01:00 AM |
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How to CATASTROPHICALLY EXPLOIT ETHEREUM MINING Altcoin Discussion
Doesn't runtime cost gas? So if you're hoping to grind the network to a halt, yo…
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n/a | monsterer2 | August 08, 2017, 01:46:04 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
Those are some awfully big assumptions. Why chose a currency with all this extra…
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n/a | monsterer2 | August 07, 2017, 01:56:18 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
1) the coin is a very small cryptocurrency (basically, a failed one or a very yo…
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n/a | monsterer2 | August 06, 2017, 11:52:09 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
Why would you expect joe public, who is the ultimate holder of said coin, who on…
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n/a | monsterer2 | August 06, 2017, 02:23:35 AM |
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Proof of Stake Bitcoin? Development & Technical Discussion
Knowing the danger? The danger of sending your own funds to yourself? How is tha…
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n/a | monsterer2 | August 05, 2017, 12:47:34 AM |
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