81–86 of 86 posts
The only reason that you need anonymous financial transactions is because you believe that money is free speech. I disagree.
Absolutely not. I don't want my future employees knowing how much money I spend down at the strip club, for example.
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I know what Turing-complete means, but can you explain how the blockchain could become Turing-complete, and why that would be a bad thing?
I'm not sure how it would happen, but if you could get miners to perform arbitrary computation for you, as a consequence of processing zerocoin transactions, then people might decide to abuse that and generate tons of otherwise unnecessary transactions.
Currently almost all transactions scripts just do public-key verification.
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Why isn't the answer P = { Inf -> 1, otherwise 0 } ? Axiom 1: P(E) elem N => P(E) >= 0, for all E Trivially satisfied Axiom 2: P(Omega) = 1 Satisfied: Omega = N { Inf } elem N Axiom 3: Sigma additivity. Trivially satisfied since it either includes { Inf } or it doesn't, making the outcome 0 or 1. Where is the problem ? I think it's pretty clear that this is the only possible solution, because since N is not closed, t…
Infinity isn't a positive real :(
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No, ZeroCoins are computationally easy to create. The concept is that you easily create a zerocoin, and then 'buy' it using bitcoins. When you buy the zerocoin, you create a bitcoin transaction, so you have to spend the corrosponding amount of bitcoins. When you want to redeem a zerocoin, you have to prove that you bought one. In this way, zerocoins are a lot like gold notes. They are cheap to create, but have value…
So you counterfeit the Zero Coin and trade them for Bit Coins and the system breaks. I am not buying that they are impossible to forge. Especially if they are computationally easy to create.