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jl777



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LegendaryActivity: 1176Merit: 1090 Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities July 22, 2014, 08:55:27 PM #1882 Quote from: bughunter on July 22, 2014, 08:37:12 PM Quote from: paradigmflux on July 22, 2014, 08:32:07 PM Quote from: frohlocke on July 22, 2014, 08:26:06 PM I think the recent dump is due to nxt multipool who mined a lot of btcd.

This will only be happen once if I am right.

exactly

sorry to cause anyone alarm

I had to liquidate nearly 5000 BTCD, which is now completed, to pay out some miners.

exactlysorry to cause anyone alarmI had to liquidate nearly 5000 BTCD, which is now completed, to pay out some miners.

So, now it goes up!

@jl777 I like your technical understanding and your postings! This thread is very interesting!!! (I am afraid of FUDs incoming since the value of BTCD is growing.)

So, now it goes up!@jl777 I like your technical understanding and your postings! This thread is very interesting!!! (I am afraid of FUDs incoming since the value of BTCD is growing.)



Giant premine for coin founders of ~20000 BTCD, worth a few BTC for the first week+ of coin launch. Hmm, nope doesnt seem FUDable to me



lets see. Oh, yeah, BTCD is a scam because there is nothing new. Sure, they can go with that and then explain how



OK, maybe they say my approach to privacyServers is no good. In that case I am very eager to hear about flaws so I can fix them.



Clearly privacy is a core feature, but BTCD will be far more than an anon coin. It will be a gateway coin into a universe of decentralized features. And I will keep adding to these decentralized features steadily. Maybe I slow down a bit after BTCD is near top of coinmarketcap, but for the rest of this year, I plan to continue my pace of 100+ hrs per week



James

The FUDsters will have to work pretty hard to come up with bad stuff to say about BTCD.Giant premine for coin founders of ~20000 BTCD, worth a few BTC for the first week+ of coin launch. Hmm, nope doesnt seem FUDable to melets see. Oh, yeah, BTCD is a scam because there is nothing new. Sure, they can go with that and then explain how https://github.com/jl777/pNXT is nothing new. Also, if I am just writing new code I write ~1000 lines, then it takes a day or two to debug, so several thousand lines of new code per week. Every once in a while, I refactor and replace old code with much cleaner code so my output goes "negative", but that is just part of the process. Write code, debug, refactor. Add new feature. RepeatOK, maybe they say my approach to privacyServers is no good. In that case I am very eager to hear about flaws so I can fix them.Clearly privacy is a core feature, but BTCD will be far more than an anon coin. It will be a gateway coin into a universe of decentralized features. And I will keep adding to these decentralized features steadily. Maybe I slow down a bit after BTCD is near top of coinmarketcap, but for the rest of this year, I plan to continue my pace of 100+ hrs per weekJames http://www.digitalcatallaxy.com/report2015.html

100+ page annual report for SuperNET 100+ page annual report for SuperNET

jl777



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LegendaryActivity: 1176Merit: 1090 Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities July 22, 2014, 09:00:05 PM #1885 Quote from: shrekster on July 22, 2014, 08:55:42 PM I predict .005 by the end of tonight.

For that we would have to exceed LTC volumes.

Anyway, I think current price level is a good place to be for a few days, let more people get in at these prices.

What most people dont realize yet is how significant the 1.2 million fixed number of coins is.



.002 price for BTCD is like .0005 price for a coin with 5 million coins and .00005 price for a coin with 50 million coins



Even XMR has over 2 million coins and many more added every day.



Anyway, time to start coding.



James For that we would have to exceed LTC volumes.Anyway, I think current price level is a good place to be for a few days, let more people get in at these prices.What most people dont realize yet is how significant the 1.2 million fixed number of coins is..002 price for BTCD is like .0005 price for a coin with 5 million coins and .00005 price for a coin with 50 million coinsEven XMR has over 2 million coins and many more added every day.Anyway, time to start coding.James http://www.digitalcatallaxy.com/report2015.html

100+ page annual report for SuperNET 100+ page annual report for SuperNET

jl777



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Activity: 1176

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LegendaryActivity: 1176Merit: 1090 Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities July 22, 2014, 09:09:11 PM #1886 Quote from: thevampireskilledit on July 22, 2014, 08:59:36 PM Quote from: jl777 on July 22, 2014, 08:55:27 PM Quote from: bughunter on July 22, 2014, 08:37:12 PM Quote from: paradigmflux on July 22, 2014, 08:32:07 PM Quote from: frohlocke on July 22, 2014, 08:26:06 PM I think the recent dump is due to nxt multipool who mined a lot of btcd.

This will only be happen once if I am right.

exactly

sorry to cause anyone alarm

I had to liquidate nearly 5000 BTCD, which is now completed, to pay out some miners.

exactlysorry to cause anyone alarmI had to liquidate nearly 5000 BTCD, which is now completed, to pay out some miners.

So, now it goes up!

@jl777 I like your technical understanding and your postings! This thread is very interesting!!! (I am afraid of FUDs incoming since the value of BTCD is growing.)

So, now it goes up!@jl777 I like your technical understanding and your postings! This thread is very interesting!!! (I am afraid of FUDs incoming since the value of BTCD is growing.)



Giant premine for coin founders of ~20000 BTCD, worth a few BTC for the first week+ of coin launch. Hmm, nope doesnt seem FUDable to me



lets see. Oh, yeah, BTCD is a scam because there is nothing new. Sure, they can go with that and then explain how



OK, maybe they say my approach to privacyServers is no good. In that case I am very eager to hear about flaws so I can fix them.



Clearly privacy is a core feature, but BTCD will be far more than an anon coin. It will be a gateway coin into a universe of decentralized features. And I will keep adding to these decentralized features steadily. Maybe I slow down a bit after BTCD is near top of coinmarketcap, but for the rest of this year, I plan to continue my pace of 100+ hrs per week



James



The FUDsters will have to work pretty hard to come up with bad stuff to say about BTCD.Giant premine for coin founders of ~20000 BTCD, worth a few BTC for the first week+ of coin launch. Hmm, nope doesnt seem FUDable to melets see. Oh, yeah, BTCD is a scam because there is nothing new. Sure, they can go with that and then explain how https://github.com/jl777/pNXT is nothing new. Also, if I am just writing new code I write ~1000 lines, then it takes a day or two to debug, so several thousand lines of new code per week. Every once in a while, I refactor and replace old code with much cleaner code so my output goes "negative", but that is just part of the process. Write code, debug, refactor. Add new feature. RepeatOK, maybe they say my approach to privacyServers is no good. In that case I am very eager to hear about flaws so I can fix them.Clearly privacy is a core feature, but BTCD will be far more than an anon coin. It will be a gateway coin into a universe of decentralized features. And I will keep adding to these decentralized features steadily. Maybe I slow down a bit after BTCD is near top of coinmarketcap, but for the rest of this year, I plan to continue my pace of 100+ hrs per weekJames

Hi James,



Regarding privacy, have you seen what bitshares TITAN has?

https://i.imgur.com/7ki3fe3.jpg







Hi James,Regarding privacy, have you seen what bitshares TITAN has?

I dont really understand what they are doing, but with a color chart like that it must be good



There just isnt enough details on how TITAN hides the info on the blockchain. I cant tell what level of privacy they get with this. One problem that none of the other solutions (that I know of) solves is the user error issue. See, to maintain high levels of privacy you need to be diligent and never expose your IP address anywhere that you dont trust.



This is why I designed the hub and spoke model of privacyServers. The privacyServers are public nodes, so everybody knows their IP addresses and each BTCD client connects through encrypted channel to a privacyServer. So now, you can avoid having the best anon algo totally negated because you logged into your email without going through a proxy.



Theoretically, maybe there isnt much added anon to this, but in practice it will make all the difference in the world. I dont want BTCD users to have to use Tor (that's a big red "come and investigate me" flag!) or I2P or anything to raise issues. Just normal use and if everybody is using BTCD, then using BTCD is normal!



So, my design is for everybody to gain privacy without needing to know anything about how to setup Tor, proxies, etc. Of course the people running privacyServers will need to know this, but they will get compensation for it



Do we have someone that can make pretty chart like that? I bet we can make one look much cooler



James cool looking chart, reminds me of metro station maps for some reason.I dont really understand what they are doing, but with a color chart like that it must be goodThere just isnt enough details on how TITAN hides the info on the blockchain. I cant tell what level of privacy they get with this. One problem that none of the other solutions (that I know of) solves is the user error issue. See, to maintain high levels of privacy you need to be diligent and never expose your IP address anywhere that you dont trust.This is why I designed the hub and spoke model of privacyServers. The privacyServers are public nodes, so everybody knows their IP addresses and each BTCD client connects through encrypted channel to a privacyServer. So now, you can avoid having the best anon algo totally negated because you logged into your email without going through a proxy.Theoretically, maybe there isnt much added anon to this, but in practice it will make all the difference in the world. I dont want BTCD users to have to use Tor (that's a big red "come and investigate me" flag!) or I2P or anything to raise issues. Just normal use and if everybody is using BTCD, then using BTCD is normal!So, my design is for everybody to gain privacy without needing to know anything about how to setup Tor, proxies, etc. Of course the people running privacyServers will need to know this, but they will get compensation for itDo we have someone that can make pretty chart like that? I bet we can make one look much coolerJames http://www.digitalcatallaxy.com/report2015.html

100+ page annual report for SuperNET 100+ page annual report for SuperNET

Azeh



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Sr. MemberActivity: 441Merit: 500 Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities July 22, 2014, 09:25:53 PM #1888 Quote from: jl777 on July 22, 2014, 09:09:11 PM Quote from: thevampireskilledit on July 22, 2014, 08:59:36 PM Quote from: jl777 on July 22, 2014, 08:55:27 PM Quote from: bughunter on July 22, 2014, 08:37:12 PM Quote from: paradigmflux on July 22, 2014, 08:32:07 PM Quote from: frohlocke on July 22, 2014, 08:26:06 PM I think the recent dump is due to nxt multipool who mined a lot of btcd.

This will only be happen once if I am right.

exactly

sorry to cause anyone alarm

I had to liquidate nearly 5000 BTCD, which is now completed, to pay out some miners.

exactlysorry to cause anyone alarmI had to liquidate nearly 5000 BTCD, which is now completed, to pay out some miners.

So, now it goes up!

@jl777 I like your technical understanding and your postings! This thread is very interesting!!! (I am afraid of FUDs incoming since the value of BTCD is growing.)

So, now it goes up!@jl777 I like your technical understanding and your postings! This thread is very interesting!!! (I am afraid of FUDs incoming since the value of BTCD is growing.)



Giant premine for coin founders of ~20000 BTCD, worth a few BTC for the first week+ of coin launch. Hmm, nope doesnt seem FUDable to me



lets see. Oh, yeah, BTCD is a scam because there is nothing new. Sure, they can go with that and then explain how



OK, maybe they say my approach to privacyServers is no good. In that case I am very eager to hear about flaws so I can fix them.



Clearly privacy is a core feature, but BTCD will be far more than an anon coin. It will be a gateway coin into a universe of decentralized features. And I will keep adding to these decentralized features steadily. Maybe I slow down a bit after BTCD is near top of coinmarketcap, but for the rest of this year, I plan to continue my pace of 100+ hrs per week



James



The FUDsters will have to work pretty hard to come up with bad stuff to say about BTCD.Giant premine for coin founders of ~20000 BTCD, worth a few BTC for the first week+ of coin launch. Hmm, nope doesnt seem FUDable to melets see. Oh, yeah, BTCD is a scam because there is nothing new. Sure, they can go with that and then explain how https://github.com/jl777/pNXT is nothing new. Also, if I am just writing new code I write ~1000 lines, then it takes a day or two to debug, so several thousand lines of new code per week. Every once in a while, I refactor and replace old code with much cleaner code so my output goes "negative", but that is just part of the process. Write code, debug, refactor. Add new feature. RepeatOK, maybe they say my approach to privacyServers is no good. In that case I am very eager to hear about flaws so I can fix them.Clearly privacy is a core feature, but BTCD will be far more than an anon coin. It will be a gateway coin into a universe of decentralized features. And I will keep adding to these decentralized features steadily. Maybe I slow down a bit after BTCD is near top of coinmarketcap, but for the rest of this year, I plan to continue my pace of 100+ hrs per weekJames

Hi James,



Regarding privacy, have you seen what bitshares TITAN has?

https://i.imgur.com/7ki3fe3.jpg







Hi James,Regarding privacy, have you seen what bitshares TITAN has?

I dont really understand what they are doing, but with a color chart like that it must be good



There just isnt enough details on how TITAN hides the info on the blockchain. I cant tell what level of privacy they get with this. One problem that none of the other solutions (that I know of) solves is the user error issue. See, to maintain high levels of privacy you need to be diligent and never expose your IP address anywhere that you dont trust.



This is why I designed the hub and spoke model of privacyServers. The privacyServers are public nodes, so everybody knows their IP addresses and each BTCD client connects through encrypted channel to a privacyServer. So now, you can avoid having the best anon algo totally negated because you logged into your email without going through a proxy.



Theoretically, maybe there isnt much added anon to this, but in practice it will make all the difference in the world. I dont want BTCD users to have to use Tor (that's a big red "come and investigate me" flag!) or I2P or anything to raise issues. Just normal use and if everybody is using BTCD, then using BTCD is normal!



So, my design is for everybody to gain privacy without needing to know anything about how to setup Tor, proxies, etc. Of course the people running privacyServers will need to know this, but they will get compensation for it



Do we have someone that can make pretty chart like that? I bet we can make one look much cooler



James

cool looking chart, reminds me of metro station maps for some reason.I dont really understand what they are doing, but with a color chart like that it must be goodThere just isnt enough details on how TITAN hides the info on the blockchain. I cant tell what level of privacy they get with this. One problem that none of the other solutions (that I know of) solves is the user error issue. See, to maintain high levels of privacy you need to be diligent and never expose your IP address anywhere that you dont trust.This is why I designed the hub and spoke model of privacyServers. The privacyServers are public nodes, so everybody knows their IP addresses and each BTCD client connects through encrypted channel to a privacyServer. So now, you can avoid having the best anon algo totally negated because you logged into your email without going through a proxy.Theoretically, maybe there isnt much added anon to this, but in practice it will make all the difference in the world. I dont want BTCD users to have to use Tor (that's a big red "come and investigate me" flag!) or I2P or anything to raise issues. Just normal use and if everybody is using BTCD, then using BTCD is normal!So, my design is for everybody to gain privacy without needing to know anything about how to setup Tor, proxies, etc. Of course the people running privacyServers will need to know this, but they will get compensation for itDo we have someone that can make pretty chart like that? I bet we can make one look much coolerJames

Yes, no worries. Gitbknowsall is putting together infographics to better illustrate the btcd tech! Yes, no worries. Gitbknowsall is putting together infographics to better illustrate the btcd tech!

jl777



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LegendaryActivity: 1176Merit: 1090 Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities July 22, 2014, 09:42:50 PM #1893 Quote from: criptix on July 22, 2014, 09:37:25 PM Quote from: Juicemixer on July 22, 2014, 09:36:16 PM That is the overall amount of BTCD.



yes and i see it has increased by ~70 coins through pos. what is the problem now? too many coins?

yes and i see it has increased by ~70 coins through pos. what is the problem now? too many coins?



so at 100 coins per day, that is 36,500 call it 40,000 more in a year

1177663 + 40000 = 1217663



This is ~3.4%, now compounding will boost it some, but not to 5%



Now the FUDsters can come at us saying BTCD is always overestimating the number of coins!

First they said 1.6 million coins, but only 1.2 million

Then they said 5% per year, but it wont even be 4%







James



This projects to a daily rate of ~100 coins per day. I had estimated closer to 200 coins. I posted instructions on how to maximize staking, but I guess most BTCD is still on exchanges? Not sure if the total output depends on total coins staking, if so, it will take much longer to get to 22 million coins. Not sure, something absurd like 100 years?so at 100 coins per day, that is 36,500 call it 40,000 more in a year1177663 + 40000 = 1217663This is ~3.4%, now compounding will boost it some, but not to 5%Now the FUDsters can come at us saying BTCD is always overestimating the number of coins!First they said 1.6 million coins, but only 1.2 millionThen they said 5% per year, but it wont even be 4%James http://www.digitalcatallaxy.com/report2015.html

100+ page annual report for SuperNET 100+ page annual report for SuperNET