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MobileCoin: A New Cryptocurrency from Moxie Marlinspike

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Re: MobileCoin: A New Cryptocurrency from Moxie Marlinspike

#191

Post by 317070 »

Fnoord wrote: post #182
subway wrote: post #161

Earlier quoted context omitted.

Moxie has made it pretty clear through the way Signal operates than Moxie's worldview is one where our feudal lords know better than mere serfs can ever hope to. I'm not at all surprised that yet again trust roots are taken out of the hands of end users.

What I don't understand is why such a person resorts to a nickname, but does use a picture. The US government knows the real name of people like ioerror and moxie marlinspike. It seems pointless to consistently hide the real name to the public.

If your pseudonym carries more klout, and you have even more people in your social life knowing you by the pseudonym, it kind of becomes your 'real' name. Not any different from other persona names like Marilyn Manson, or Marilyn Monroe.

Re: MobileCoin: A New Cryptocurrency from Moxie Marlinspike

#192

Post by vertex-four »

Fnoord wrote: post #182
subway wrote: post #161

Earlier quoted context omitted.

Moxie has made it pretty clear through the way Signal operates than Moxie's worldview is one where our feudal lords know better than mere serfs can ever hope to. I'm not at all surprised that yet again trust roots are taken out of the hands of end users.

What I don't understand is why such a person resorts to a nickname, but does use a picture. The US government knows the real name of people like ioerror and moxie marlinspike. It seems pointless to consistently hide the real name to the public.

I used to use my online name enough that people were confused when they heard my legal name. Eventually, I decided to change my legal name to save the hassle of having a legal name that nobody actually knew me by, but that's easy in my country (doesn't involve courts or lawyers) and a pain in the ass in most other places.

Re: MobileCoin: A New Cryptocurrency from Moxie Marlinspike

#193

Post by davidgerard »

em3rgent0rdr wrote: post #42
superquest wrote: post #4

> "Nobody actually transacts in cryptocurrency," Goldbard says. "So making something that people can actually use is our first goal. And then we want to find additional ways that people can implement it over time. But initially all we want is to make it so people can actually complete transactions." Amen. Too few projects have this focus.

Doesn't lightning network fix this problem?

It's the best possible fix, one that isn't implemented yet! There's toy-level alpha implementations, with the most naive possible path-finding algorithm that will literally scale to tens of nodes.

Re: MobileCoin: A New Cryptocurrency from Moxie Marlinspike

#194

Post by granitosaurus »

dogma1138 wrote: post #89
DennisP wrote: post #73

Earlier quoted context omitted.

On reason, in the U.S. at least, is that you're supposed to pay capital gains on every little bit you spend. There's a bill in Congress right now to exclude crypto transactions under $600 from capital gains, which would be a big help. Even if you do want to hold long term, you could just replenish what you spend along the way, if it weren't a tax reporting nightmare.

You also do so in the UK and virtually every other country I can think off.

AFAIK you don't need to do that in Estonia, at least that's what I gathered from estonian tax agency by email.

Re: MobileCoin: A New Cryptocurrency from Moxie Marlinspike

#195

Post by mrhappyunhappy »

wmf wrote: post #82
dustdrops wrote: post #77

The title here says "A new Cryptocurrency from Moxie Marlinspike." But the article describes his involvement as "Marlinspike has been working on as a technical advisor." Those two descriptions sound different.

That's just "meritocracy" in action. The founder of a project gets all the credit for it, and when there are multiple founders the most famous one gets all the credit.

He is not even a cofounder according to their website. They just picked out whoever is most famous.

Re: MobileCoin: A New Cryptocurrency from Moxie Marlinspike

#196

Post by mrhappyunhappy »

pwaai wrote: post #138

I'm not sure using Stellar is wise as the majority is owned by a small group of people, much smaller than Bitcoin, which creates conflict of interest and not future SEC proof. on a side rant: So...many...coins...I too have something called BrowserCoin.com but still haven't figured out what problems to solve. Too many people just go implement a pseudo-academic blockchain tech with fancy dials without vetting the probl…

Exactly how I feel.

Re: MobileCoin: A New Cryptocurrency from Moxie Marlinspike

#197

Post by loblollyboy »

JohnStrange wrote: post #183
hossbeast wrote: post #137

Earlier quoted context omitted.

Perhaps you do not understand it's revolutionary aspects.

Bitcoin and other crypto coins are a neat idea until their underlying cryptographic primitives are broken. Then they will immediately loose all of their value. Every cryptosystem of the past has been broken at some time.

Bitcoin has problems but I really don’t think that is one of them https://www.quora.com/Has-the-Bitcoin-blockchain-itself-ever...

Re: MobileCoin: A New Cryptocurrency from Moxie Marlinspike

#198

Post by oarsinsync »

JohnStrange wrote: post #183
hossbeast wrote: post #137

Earlier quoted context omitted.

Perhaps you do not understand it's revolutionary aspects.

Bitcoin and other crypto coins are a neat idea until their underlying cryptographic primitives are broken. Then they will immediately loose all of their value. Every cryptosystem of the past has been broken at some time.

Indeed. The coin is only as strong as it's cryptography, and given enough time, all ciphers can and will be broken.

Until that happens, there's still money to be made!

Re: MobileCoin: A New Cryptocurrency from Moxie Marlinspike

#200

Post by StavrosK »

homakov wrote: post #190
StavrosK wrote: post #188

Earlier quoted context omitted.

What's the problem with the channel-opening incentives? I'm out of that loop, I'm afraid.

Special for you https://medium.com/@homakov/why-lightning-and-raiden-network...

Ah, thanks Egor, I hadn't seen that.
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