Above post reminded me of something I meant to post earlier:

Apparently part of the proposed new Monero website will be a subsite which will allow for crowdfunding of dev projects, including setting bounties, voting on priorities and so forth. Sounds like the new platform which AnarchyStar is sponsoring to replace the BTC Foundation could be ideal for adaptation, cant remember the name of it right now but I'm pretty sure it was going to be opensourced?


EDIT - after a quick Google my powers of recall are immeasurably enhanced:

Reddit post announcing the winner = http://www.reddit.com/r/Bitcoin/comments/29n8o0/100000_bounty_winner_announcement/

Brief summary of main features to save busy ppl some reading:

Winner: Lighthouse (Mike Hearn)

    Crowdfunding platform, running completely on the Blockchain. Assurance contracts which send money back automatically if goals are not met.

    Will be able to fund Bitcoin core devs directly. They propose their schedule and goals, and they can set extra bonus features when they get extra funds (such as with Kickstarter).

    Will allow lobbyists to make proposals and be directly funded by the community, according to their capabilities

    Will allow many other community initiatives, such as supporting adoption in Africa by sponsoring ATMs, etc

Sorry, what difference between Cryptonote & Cryptonite? Few times saw this note->nite, trying to understand ... Is it typo error [I/O is near], or what? I just learning English everyday, but then i comes to crypto o0

P.S.
Was ashamed, then i found now my hackable(was)->unhackable(corrected) earlear posted today.  :|

See the last slide on the post that I had linked to.

Armstrong's A.I. computer model (which was fed all the data of the history of the world, $million of data collected from ancient coins, manuscripts, even for example pulling up all the data from old newspaper archives around the world) made those predictions in 1992 and they have all come true. The last item on that slide is the Oct 2015 target date for the "big bang" of the global sovereign debt crisis.

You may read chronologically (not right-to-left lol) backwards in that Mad Max thread (see also the Dark Enlightenment and Economic Devastation threads too) to get my detailed analysis and discussion. I can't summarize it for you.

Note everything won't go to hell exactly on Oct 2015. That is when the gears of acceleration will be set in motion, because the USA's current economic bounce due to capital inflows from abroad will have peaked.

Edit: Armstrong managed the $1+ trillion Japanese sovereign (Postal) fund in the past. This is the largest hedge fund manager ever.

Everyone who has large wealth that they don't want confiscated by the bankrupted western socialism.

Agreed it requires some way to fully anonymize our interaction with the crypto-currency, but if you are implying that every aspect of the internet must be anonymous, then I disagree.

For example, some may wish to use the fully anonymous crypto-currency with mostly offline activities, so only their interaction with the coin's network needs to be protected. There are many other online scenarios as well.


Snowden's revelations means it is not theoretical. Also I provided documentation that the G20 are actively ramping up their plans.

Again, "Everyone who has large wealth that they don't want confiscated by the bankrupted western socialism".


I know of no set of techniques for mining and or transacting on a crypto-currency that is nearly always anonymous to the NSA, except perhaps using an unregistered connection to the internet (which can't scale for most).

Basically, just take this one step at a time. NSA stuff can come after the fundamentals are  done imo

The creator of the mini-block chain, bitfreak!, and I had a private message exchange about this recently as follows.


Note I discovered a key innovation for the mini-block chain recently.

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Thrive!

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Er. No. Try rereading my post that started this discussion today. Follow the link in that post. I even quoted the I2P website which admits it doesn't protect against a global adversary.

You are not a programmer? Programmers understand that holistic design can cascade into the fundamentals.


Edit: if you see my first post in this thread today, I quoted myself from August 2013 wherein I made the point to the anoncoin and I2P developers the issue that low-latency Chaum mix-nets (e.g. Tor and I2P) are not blinding to the NSA. That is almost a year and still nothing accomplished on this fundamental issue (caveat that Zerocash in theory doen't need to blind your IP address, but I enumerated some severe tradeoffs, and this doesn't apply to Zerocoin).

I think my 1 block chain per city and a blockchain to facilitate trades between city currencies answers the scalability problem atleast well enough. Ultimately no blockchains scale well. Its just a product of their decentralized nature.

But yes you are right i didn't address any criticisms you may have with i2p. How i would argue against that is to say that while you may be right, and even if i accept arguendo that you are, masking the ip address origin of a transaction is an entirely distinct problem and one with a much larger scope. It is not specifically a problem of how do you hide the source of transactions that are broadcast, its how do you avoid revealing the source of any information that is being communicated over a large network. I dont think it is the responsibility of cryptocurrency developers to solve this problem. I dont think its reasonable to expect cryptocurrency developers to also tackle this problem. If they did than that would be awesome, and it would have much wider reaching implications than just cryptocurrency.

Monero might turn out to be the equivalent of Bitcoin, but for those who want private transactions like private companies(dell etc), and ordinary people who want privacy.

As a person who knows about the Dunning Kruger Effect I tend to be wary of people who tell me they are experts.

With that said i understand that one must budget his time. If you actually can make truely scalable blockchains than for christ sake please dont waste your time on me responding to my comments. I have a reasonable objective assessment of my own value and i am not valuable enough to be worth consuming the time of someone who knows how to solve that problem. Please just go solve it now. Before you get hit by a bus or something.