Until the voting system is released, NEO is not decentralized. Never miss a story from Hacker Noonwhen you sign up for Medium. Of course there could always be some exploit where the bitmain ceo bitmain deposit scam doesn't get punished but we'll have to see. Verge makes strong claims about their privacy that are not true. Create an account. I see, you noticed. No more than 2 promotional posts per coin on the top page. With Verge's Wraith Protocol, you can toggle privacy on and off. Want to join? Thank you in advance for your help. With a block time of 2. Not necessarily. Only one coin can use a hash algo. This is a completely decentralized process, whether there are 7 nodes or Do not post bitcoin ticker for desktop what is bitcoin proof of work or seek donations without pre-approval from the moderators.
I think we also just heard about equihash ASICs hitting the market in the past few weeks so that could be the deal here. If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads. And with default privacy the people who do need it do not draw attention to themselves because their behavior does not change. Verge is a project which claims to be secure, anonymous, and private. They make false claims about the privacy provided by legitimate projects for their own benefit. From what I've heard it's because it creates an oligopoly, where people with a big stake are in a position to further increase that stake. Good talk. Obviously a good team! Then I guess you haven't heard of Verge. This is why privacy is hard. They make these false claims despite knowing that it could get someone hurt.
Learn. Verge is not private. My mistake, it's PoS with a bunch of extra steps. More PoW coins probably. They make false claims about the privacy provided by legitimate projects for their own benefit. And with default privacy the people who do need it do not draw attention to themselves because their behavior does not change. The attack outlined in the paper is setting up malicious Tor nodes, and the spamming coinbase sign up the new cryptocurrency Bitcoin network with mal-formed transactions through Tor. This provides privacy only for the recipient. I should know, I am one. He knows what he's doing. ZenCash could use Komodo dPoW service and gain protection from these attacks by reusing Bitcoin hashrate: Low mining profitability means miners will begin eating the weak chains to move their users to other ones. They are journalists, dissidents, political activists, and bch to btc account bittrex recovery bitcoin investment etf sometimes subjective to a government. The ZEN team is one of the more transparent I've encountered. I apologize to anyone who read my comment and thought it was a simple PoS. I'd require confirmations before declaring "highly unlikely". The attack outlined in the paper is setting up malicious Tor nodes, and the spamming the Bitcoin network with mal-formed transactions through Tor.
One way to think of this is if the recipient generated a unique Electrum address for each transaction. More PoW coins probably. They do not care about the safety and freedom of people who need privacy. CryptoCurrency comments other discussions 7. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Use this tool to help determine if content is stolen or not. Official Website Whitepapers: That being said, PoS will always offer a certain freedom distribution and accessibility that make it ideal for everything from amateur stuff to start-ups and modern businesses. If it was intended to be like this, then I don't see how it can be called a flaw. Someone has linked to this thread from another place on reddit: The rules are only as good as they are enforced. Khan Academy on Bitcoin Free Course.
I am not specifically targeting Zen here either because essentially all Equihash based coins are in effect all potential targets. Fake bitcoin gold wallet must have bitcoin app for android 2019 problem was quickly fixed by Satoshi, Garzik and others assisted. Figured this would happen when i saw the cost of the 1h attack. Exceptions will be made for analysis of political events and how they influence cryptocurrency. There are parts of the world where people depend on privacy for their safety. So changing our minds about specifics is to be expected. For the first 2 million blocks, verge coin reddit zencash nodes GAS was distributed for each new block. It's the most valuable resource we. It is only really a significant flaw in minority hash-rate chains. Ah I've never thought of it like. Post a comment! The coordinator is in place until the network can handle. This is why privacy is hard. Indeed it's a huge risk at this point to use a consensus algo that is already in use for a different very secure network. This is enough to call Verge vaporware. Wallets can be stolen, whales can collude, exchanges can go rogue etc Stock markets, governments, serious large-scale enterprises.
This attack is easy to execute and it makes running Bitcoin over Tor more risky than just over the clearnet. From a laymen's POV, it seems like both Zencash and Verge will have "true anonymity", but Verge gives you the option to normal and incognito mode. In reality, recovery would probably not look like "finding the right chain", it would look like forking into USA chain and Europe chain. It was not verge coin reddit zencash nodes due to performance issues. If you meet our requirements and want custom flair, click. Titles must be in English. Any government target could have been using Verge and it would not have made a different. This is a completely decentralized process, whether there are 7 nodes or PoS is more risky than PoW. Can you guys see a trend? The result is that anyone using the privacy features are now a much ledger currency support nano s scalability of litecoin pool, so when you wheres the underlying value of bitcoin deposit bitcoin bittrex use the private feature, you both stick out and have a smaller pool of people to hide in. Learn. Because there is NO real adoption for bitcoin after 9 years. PoW doesn't work if you are not Bitcoin. There's not even a block reward the way you describe it here, and the 'dividend' hate this word because it's inaccurate is in the form of a completely different token that offers no voting power. I assume that you would need to attack the entire ethereum or NEO network to do so, so those smaller tokens would be safe? If you wanted, you could also have your full-node operate as a hidden service so that incoming transactions have no solar powered crypto mining crypto exchange china zb.com of knowing your IP address as. I apologize to anyone who read my comment and thought it was a simple PoS. And the other cryptos have downsides of their .
Stealth payments alone are weak privacy. I'd require confirmations before declaring "highly unlikely". The GAS reward for a block is just a distribution mechanism. Very large wallets exist and collusion is a thing. See our Expanded Rules page for more details about this rule. Your shitcoin, if PoW, is simply not safe. The "perfect" privacy coin will always be in development as developers use the old ideas that work and add new ones. If you wanted, you could also have your full-node operate as a hidden service so that incoming transactions have no way of knowing your IP address as well. See you EOY. Monero has had stealth addresses since its inception in
It is hard to see individual Zebras because they all give each verge coin reddit zencash nodes cover. If any of these people believe the claims of Verge and use this project for their transactions, they could get hurt winklevoss twins bitcoin lost litecoin current value killed. Log in or sign up in seconds. ZenSys submitted 1 year ago by smokinggun PoS is more risky than PoW. It is hard to see individual Zebras because they all give each other cover. Then we have the "new big 3 age" of navcoin, verge, and zencash. It's the most valuable resource we. There are parts of the world where people depend on privacy for their safety. There are when a coin changes their algo to make them obsolete. Welcome to Reddit, the front page of the internet. If they did go the doublespend route, they would crash the value of the coins they hold. The Wraith Protocol has been an oversold feature that is actually liberty exchange bitcoin coinbase usa existing feature of many of the same projects that Verge claims to outcompete. Obviously a good team! They can just fork every time.
All crappy vaporware's need to burn alive with the morons who support them. And with default privacy the people who do need it do not draw attention to themselves because their behavior does not change. It never was. I think we also just heard about equihash ASICs hitting the market in the past few weeks so that could be the deal here. Verge is not private. I think soon people will realise this. If you wanted, you could also have your full-node operate as a hidden service so that incoming transactions have no way of knowing your IP address as well. They do not care about the safety and freedom of people who need privacy. It is no better than Bitcoin, which is considered dangerous to use for these purposes. In reality, recovery would probably not look like "finding the right chain", it would look like forking into USA chain and Europe chain. Everyone wears the Guy Fawks mask. All rights reserved. Nobody knows who you are, but you stick out and wearing the mask draws attention to you. It fails to provide privacy in any meaningful way that would protect you from the people trying to violate it who could compromise your freedom or safety. Luke advocates a change of PoW but that's really just a bandaid solution - as long as some form of PoW is involved, large orgs will emerge to take advantage of economy of scale. So if u want all altcoins dead, be ready to eat shit with low BTC price, because this is how it works. Then I guess you haven't heard of Verge.
With a block time of 2. Posted this further up. If they are somehow not a scam, which seems probable, then they are indistinguishable from one. Same concept. Submitting petty or hyperbolic meta posts to stir up drama in the community may result in ban. This is not subjective. The honest nodes will get blocked from the network as an anti-spam feature and only the malicious nodes remain. Also please use our vote tracking tool to analyze the vote behavior on this post. Spectrecoin has this feature. Want to join? It negative balance on paxful usi bitcoin value today out not to be entirely safe: It is no better than Bitcoin, which is considered dangerous to use for these purposes. What Verge provides is just a convenience. Can we reduce the risk? This is a completely decentralized process, whether there are 7 nodes or
It turns out not to be entirely safe: The Casper implementation looks brilliant and well prepared to be a very effective finality solution, but it does not provide true finality. Everyone blends in with each other and is indistinguishable. Why is no one talking about this? Do not solicit, complain about, or make predictions for votes. Post link. With blockchain analysis, when a stealth payment is made it is impossible to tell who the recipient is at the time of the transaction. I can't think of another way These are not honest intentions. It is possible to connect your full-node to a Tor entry-node and broadcast your transactions through the Tor network. Verge is not private. What this means is that it takes internet packets and just re-routes them through different servers, so that no single server knows both the content you are transmitting and your IP address at the same time. This attack is easy to execute and it makes running Bitcoin over Tor more risky than just over the clearnet. How is it private by default? Post a comment! Same concept. It is no better than Bitcoin, which is considered dangerous to use for these purposes. The way i see it is the supply of a coin is capped. FYI I have bitcoin and altcoins.
Tor is just an anonymous proxy network. You mean when block production is fully centralized and therefore predictable and pointless. Please contact the moderators of this subreddit if you have any questions or concerns. This attack is easy to execute and it makes running Bitcoin over Tor more risky than just over the clearnet. Use this tool to help determine if content is stolen or not. Take BTC for example. I think this trend is actually good for the space. This is called do usb risers reduce hashrate does bitcoin mining hurt your cpu asymmetrical attack, but not one in the attackers favor. Divulging how many coins you own can make you a target of hackers and identity thieves. Keep Discussions on Topic Idealogical posts or comments about politics are considered nonconstructive, off-topic, and will be removed. Want to join? Whales will keep from selling, verge coin reddit zencash nodes the balance skew in their favour since bitcoin ban china how to record updates to the bitcoin ledger many small fish will have to contend with what remains. Post a comment! The honest nodes will get blocked from the network as an anti-spam feature and only the malicious nodes remain. I am wrong very often and i hope this is one of the times, but as it stands right now, i believe the days of POW seem to be. But if you are ZenCash is a private, distributed, and reliable platform for communications, transactions, and publishing. So if u want all altcoins dead, be ready to eat shit with low BTC price, because this is how it works.
Spectrecoin has this feature. CryptoCurrency comments other discussions 7. I'd also like to know why you think that DGB is fucked? Use this tool to help determine if content is stolen or not. I think keeping the same few "popular" coins is being willfully ignorant, the idea that BTC is too big to fail is a joke. The honest nodes will get blocked from the network as an anti-spam feature and only the malicious nodes remain. It is absolutely becoming more commonplace, but I still encounter projects some with higher market caps than ZEN where there is no way of knowing who these people are or what their thoughts are on, say, ASIC resistance or other issues. How does this compete with Zencash? All existing forms of compromise have come from ways of connecting real world identities to transactions by tracing the transactions through the blockchain. Requires comment karma and 1-month account age. In bitcoin, users have no incentive to not-sell. I never bought it. A bunch of shitcoin knockoffs pop up using SHA They make these false claims despite knowing that it could get someone hurt. This is unfortunate but at the same time it exposes a massive problem in the space right now. Default privacy is considered a necessity by privacy experts. If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.
If any brigades best bitcoin desktop wallet mac os reddit can i link paypal and coinbase found in the TotesMessenger x-post list above, report it to the modmail. Same concept. Monero has had stealth addresses since its inception in Never miss a story from Hacker Noonwhen you sign up for Medium. Perfect use case for Komodo's basic blockchain security services. The result is that anyone using the privacy features are now a much smaller pool, so when you do use the private feature, you both stick out and have a smaller pool of people to hide in. In practice when users are given the option to use privacy, they stick with the transparent default and only use private features when they need it. Only one coin can use a hash algo. This provides privacy only for the recipient. It is clear that the team is marketing on false information for self-serving purposes. Keep this in mind. This is enough to call Verge vaporware. Any blockchain with ether pool mining shares does not go up byteball or iota proof type will fork in these scenarios. There's not even a block reward the way you describe it here, and the 'dividend' hate this word because it's inaccurate is in the form of a completely different token that offers no voting power. This is enough to call Verge vaporware. See our Ethereum blockchain applications stelar on poloniex stellar lumens Rules wiki page for more details about this rule. Verge coin reddit zencash nodes restricted. What matters is how the teams handle it.
What this means is that it takes internet packets and just re-routes them through different servers, so that no single server knows both the content you are transmitting and your IP address at the same time. This is not subjective. Welcome to Reddit, the front page of the internet. Any government target could have been using Verge and it would not have made a different. There are parts of the world where people depend on privacy for their safety. Submissions restricted. Our users can perform both private and anonymous, My bad. The most frequent cryptocurrency question I answer relates to the cryptocurrency Verge and why it fails to offer realistic privacy. How does this compare with Zencash's end to end encryption and secured nodes? They do not care about the safety and freedom of people who need privacy. Yes some more and some much, much, much less. I think this trend is actually good for the space. With blockchain analysis, when a stealth payment is made it is impossible to tell who the recipient is at the time of the transaction. I see, you noticed.
Thats all. Experts are deeply worries about these efforts of Verge to shill their insecure technology to cryptocurrency investors because it contributes misinformation into the space that could get someone killed see: Khan Academy on Bitcoin Free Course. This fact should be alarming. Shadowcash also had this feature. Spectrecoin has this feature. Experts are deeply worries about these efforts of Verge to shill their insecure technology to cryptocurrency investors because it contributes misinformation into the space that could get someone killed see: Please make quality contributions and follow the rules for posting. I fail to see why anyone would Hodl zencash.
Same premise though not an entirely accurate analogy. Low mining profitability means miners will begin eating the weak chains to move their users to other aion coinmarketcap bitcoin announced. So it's proof-of-stake, which is only as decentralized as the distribution, and is guaranteed to increase in centralization over time. This is why privacy is hard. This way, the pool of people you blend in with is much bigger, like a herd of Zebras running. Want to add to the discussion? It is hard to see individual Zebras because they all give each other cover. Become a Redditor and join one of thousands of communities. There is no silver bullet. This fact should be alarming.
They make false claims about the privacy provided by legitimate projects for their own benefit. This fact should be alarming. All existing forms of compromise have come from ways of connecting real world identities to transactions by tracing the transactions through the blockchain. Divulging how many coins you own can make you a target of hackers and identity thieves. Pre-approval will only be granted under exceptional circumstances. Obviously a good team! In practice when users are given the option to use privacy, they stick with the transparent default and only use private features when they need it. The result is that anyone using the privacy features are now a much smaller pool, so when you do use the private feature, you both stick out and have a smaller pool of people to hide in. Not in the slightest? Official Website Whitepapers: Titles cannot be misleading. If any of these people believe the claims of Verge and use this project for their transactions, they could get hurt or killed. They make these false claims despite knowing that it could get someone hurt. Was a super early whale who invested 20 - 30k when nano was a cent. Since they were able to rewrite the last 38 blocks, it seems to make it only somewhat less likely not even 3 times less. The ZenCash team recommended exchanges to wait for blocks of confirmations to defend against future attacks. It is only really a significant flaw in minority hash-rate chains though. I'm invested in ETH and NEO because I can see two markets emerging for this technology with different use cases and requirements, with a bit of grey area crossover.
Verge is not private. A PoS layer on top of PoW significantly increases the security of the network They are working on bringing Secure nodes and Super nodes to increase the security of the network. Submitting links to blogs or news sites via crypto altcoin market are notorious for this activity will result in suspension or permanent ban. There are when a coin changes their algo to make them obsolete. Any blockchain with any proof type will fork in these scenarios. If this feature doesn't work, please message the modmail. If mine viabtc btc unlimited mining contracts for altcoins makes them obsolete, they have to be used somewhere else either honestly or maliciously, and there verge coin reddit zencash nodes several zcash forks still using equihash. Titles cannot be misleading. Your shitcoin, if PoW, is simply not safe. One way to think of this is if the recipient generated a unique Electrum address for each transaction. These are not honest intentions. All rights reserved. Same concept. It is analogous to wearing a ski-mask outside on a warm day.
If they did go the doublespend route, they would crash how do you purchase with bitcoin promising high paying bitcoin faucets value of the coins they hold. Just because an attack happens doesnt mean a coin is going to die. It never. Nobody knows who you are, but you stick out bitcoin earning games free cryptocurrency signal wearing the mask draws attention to you. If any of these people believe the claims of Verge and use this project for their transactions, they could get hurt or killed. No malware, spyware, phishing, or pharming links. Once the voting system is released and the Foundation's voting power is further diminished it will be. But they can have bugs in the code that can verge coin reddit zencash nodes exploited like the batch overflow fiasco we saw recently that affected some tokens using that function. If that's true the biggest staker ie: If any of these people believe the claims of Verge and use this project for their transactions, they could get hurt or killed. It has been known for several years, at least More PoW coins probably. It is possible to connect your full-node to a Tor entry-node and broadcast your transactions through the Tor network. It turns out not to be entirely safe: Get updates Get updates. The Wraith Protocol is actually a well-known feature called stealth addresses. I can't think of another way
Only the strong will survive. Same concept. People hate on IOTA's coordinator but this is the exact issue it prevents until the network is mature enough without it. Indeed it's a huge risk at this point to use a consensus algo that is already in use for a different very secure network. They are working on bringing Secure nodes and Super nodes to increase the security of the network. It is analogous to wearing a ski-mask outside on a warm day. Posted this further up. I'd also like to know why you think that DGB is fucked? The Wraith Protocol has been an oversold feature that is actually an existing feature of many of the same projects that Verge claims to outcompete. Every time a block is created, a set amount of GAS is distributed proportionally to all holders of the governing token NEO in this example. Algorithm leaders are fine. The Wraith Protocol is actually a well-known feature called stealth addresses. Not a single case has ever involved someone revealing their IP address when sending a transaction. All these shitcoins need to die. The attack outlined in the paper is setting up malicious Tor nodes, and the spamming the Bitcoin network with mal-formed transactions through Tor. Verge is a project which claims to be secure, anonymous, and private. Any smaller coins risk getting dominated by miners. Zencash also has public and anonymous messaging. There are parts of the world where people depend on privacy for their safety. The GAS reward for a block is just a distribution mechanism.
CryptoCurrency comments other discussions 7. It is no better than Bitcoin, which is considered dangerous to use for these purposes. FYI I have bitcoin and altcoins. No malware, spyware, phishing, or pharming links. Same premise though not an entirely accurate analogy. It is possible to connect your full-node to a Tor entry-node and broadcast your transactions through the Tor network. In , Bitcoin once produced million Bitcoins. I'm not even sure where you got this from? No Trolling. This way, the pool of people you blend in with is much bigger, like a herd of Zebras running together. With Verge's Wraith Protocol, you can toggle privacy on and off. Malcom LeRider has a good post on this topic. New tech will always have issues. Stealth payments alone are weak privacy. See our Expanded Rules page for more details.
I think this trend is actually good for the space. Post text. Never miss a story from Hacker Noon , when you sign up for Medium. Want to add to the discussion? Do not beg for karma. For the first 2 million blocks, 8 GAS was distributed for each new block. The result is that anyone using the privacy features are now a much smaller pool, so when you do use the private feature, you both stick out and have a smaller pool of people to hide in. There are parts of the world where people depend on privacy for their safety.