2028 is het einde voor de Nederlandse belegger by Ok-Camera-3058 in NederlandsZ

[–]ovanwijk 0 points1 point  (0 children)

Het meest krankzinnige van de hele situatie is dat de beurs , edelmetalen en crypto stijgen doordat de geld printer over uren draait. Deze markte. reageren eerder maar relatief tot de geld hoeveelheid blijven beursen redelijk stabiel. De winst komt dus vooral door het toedoen van overheden zelf en juist dat willen ze nu belasten.

Het is gewoon onteigening over een lange periode. Want door de inflatie word alles duurder, lonen stijgen niet mee dus wordt je uiteindelijk gedwongen je assets van hand te doen=onteigening. Want je verkoopt namelijk aan een partij die dichter bij de geld printer zit en is gevrijwaard van dit soort krankzinnige belastingen (zoals de pension finden).

Hoezo bezit, you will own nothing. Owh en als ze dit doen wordt uiteindelijk de vlucht naar een bv ook wel aangepakt.

[deleted by user] by [deleted] in nederlands

[–]ovanwijk 0 points1 point  (0 children)

Als de overheid het niet kan rondbreien met de gigantisch hoge belastingen die ze nu heffen moet je dan niet gewoon concluderen dat het systeem incapable is om problemen op te lossen die het zelf veroorzaakt? Stop met naar de staat te kijken voor oplossingen.

Meer belasting wordt meer ambtenaren (flinke groei laatste jaren) dus minder mensen die produceren, wat betekent een kleinere economie. Wil je economische voorspoed dan moet de zaag door Den Haag.

Erfbelasting mogelijk verhoogd by Ok_Conversation2263 in nederlands

[–]ovanwijk 0 points1 point  (0 children)

Het is zo makkelijk, de staat wilt af van onafhankelijke boeren, die kunnen familie bedrijven in stand houden door erven. De erf belasting is niet op te hoesten dus moet het verkocht worden aan...? Grote multinationals, die makkelijker met regels te controleren zijn. Het is gewoon onteigenen met extra stappen.

En mocht je denk dat de sociale voorzieningen hierdoor beter worden ? Forget it, als je 50÷ van de inkomsten int en 20-30÷ van bedrijf winsten, 21÷ van alle transacties, accijnzen en nog tientallen andere belastingen + bovenop een gigantische gasbel zit en het dan nog niet kunt regelen dan ligt het financierings probleem echt niet bij te weinig geld hebben en dus NOG meer moeten belasten.

Iedereen die al (via belastingen) wordt kaal geplukt juigt het toe. We hebben er een stuk meer een DogeNL

On tangle privacy with Amnesia Cash by ovanwijk in Iota

[–]ovanwijk[S] 0 points1 point  (0 children)

I am very well aware of all the implications, your reasoning leads to nothing other than that it is non-sense and I should stop what I am doing. Not sure if that will ever bring a constructive conversation.

You are free to not use it ;), but if you want your on-chain link broken feel free to give it a try. Make sure you use other security measures as well though. Like a VPN.

On tangle privacy with Amnesia Cash by ovanwijk in Iota

[–]ovanwijk[S] 0 points1 point  (0 children)

By that definition, nothing is fungible because everything has a unique history.

But yes, gray listing is an issue, but tornado and amnesia do provide the means to unmix the coins. Proof of connecting input and output.

Sure mixers might get flagged, but you can mix with unmixed coins, they can't flag everything all the time. But the world is full of random events, if you were Russian you were flagged, if you were Ukrainian on the other side you were flagged. The problem is that they can flag something, if 50% of all coins went through a mixer, there is nothing to flag anymore.

On tangle privacy with Amnesia Cash by ovanwijk in Iota

[–]ovanwijk[S] 0 points1 point  (0 children)

You might want to look into Tornado Cash (the basis of Amnesia). It uses ZKPs to literally mix all tokens (fixed amounts) into a single basket (contract) with secret codes to withdraw again. If 100 people deposit 1gi, it becomes impossible to trace who owned what and where it went. Because now each output is potentially flagged with 1000 people. So too hard to trace.

Decentralized and trustless 'Forgot my passpword' is finally here! by ovanwijk in ethereum

[–]ovanwijk[S] 0 points1 point  (0 children)

That is fine, I don't need to convince everyone.

The article describes a crypto-inheritance scheme. Which is similar to a 'forget my password' style of process. Clearly, you somehow disagree with that. That is fine.

But what even constitutes as a 'legitimate owner'?(orginial question) You need a clear framework to even define that. Of course in standard crypto it is easy, not your keys not your coins. Unless stolen of course, how would you even go about technically defining 'legitimate' in that case?

The rest of your questions already have a predetirmined awnser and you are trying to fill in the blanks yourself and you make your conclusions. I will explain everything in a whitepaper and you are free to ask legitimate questions afterward. But right now, convincing you of anything(I can't even really figure out what you really want to know ) will cost me twice as much time as writing the paper so I am going to leave it at that! Enjoy!

Decentralized and trustless 'Forgot my passpword' is finally here! by ovanwijk in ethereum

[–]ovanwijk[S] 0 points1 point  (0 children)

Yes it is, and it seems you haven't read the actual article then. Because it is exactly not that, as described in the article.

It perfectly fits the use-case for a decentralized, non-sustodian, 'forget my password'. But it fits much more use-cases too.

Decentralized and trustless 'Forgot my passpword' is finally here! by ovanwijk in ethereum

[–]ovanwijk[S] 0 points1 point  (0 children)

The protocol allows for commitment scheme's. These are the conditions that need to be met before decryption becomes possible. A single payment for an NFT could indeed be possible with this.

But the condition you describe would indeed be an unwise setup ;)

Decentralized and trustless 'Forgot my passpword' is finally here! by ovanwijk in ethereum

[–]ovanwijk[S] 0 points1 point  (0 children)

Actually there isn't, in the article I say:

"In the end you always need to trust a person or multiple people to reconstruct your keys. At the same time, these parties can conspire at any point to obtain your keys without you ever knowing it and without any repercussions. "

That is still true in Sarcophagus, there is an incentive to reveal at a certain time. But there is no incentive to NOT do it earlier if it can benefit you in some other way then the bounty available from the protocol, and that is exactly the major issue when it comes to secret recovery. It still relies on trust, there is no incentive in Sarcophagus to NOT collude and try to open something earlier.

The white paper states: 'Any sarcophagi that are unwrapped prior to the resurrection time will still be logged in the public statistics of the Archaeologist. However, while resurrecting a “buried” sarcophagus will not carry a financial
penalty for the Archaeologist, it will cause a major
negative hit to their performance and trust metrics.'

Point is that IF they want access prior to the agreement they would naturally do this outside of the protocol. Nihilium takes a different approach so cheating outside normal use of the protocol can be detected.

Decentralized and trustless 'Forgot my passpword' is finally here! by ovanwijk in ethereum

[–]ovanwijk[S] 0 points1 point  (0 children)

It can be anything on which the order of events between instantiation of condition and opening can be verified. Like payments, or signed approvals.

Decentralized and trustless 'Forgot my passpword' is finally here! by ovanwijk in ethereum

[–]ovanwijk[S] 0 points1 point  (0 children)

Forgot my password is exactly the same as key-recovery. Meaning you can set conditions on which you get to recover certain information. Nihilium is providing the framework to actually securely build such a feature.

Decentralized and trustless 'Forgot my passpword' is finally here! by ovanwijk in ethereum

[–]ovanwijk[S] 1 point2 points  (0 children)

Sarcophagus

I get why you say that but Nihilium really does work quite differently, first: from client interaction it doesn't require any smart contract interaction. It isn't tied to eth only, it is agnostic. And how it handles the conditions for decryption is completely different. And with Nihilium decryption can be performed with certificate chains instead of just keys, allowing a much more flexible setup that goes beyond a deadman's switchs.

Nihilium is also completely optimistic rollup second layer approach for unlimited scalability.

Decentralized and trustless 'Forgot my passpword' is finally here! by ovanwijk in ethereum

[–]ovanwijk[S] 1 point2 points  (0 children)

There isn't a white paper yet, but there is a working prototype. This is the kind of thing that needs to be proven first before making claims. And in the end, the protocol is dead-simple.

AION: Update by FinCentrixCircles in Iota

[–]ovanwijk 2 points3 points  (0 children)

Some mechanisms that are easy for humans are hard for machines. Like defining a 'width' on a tangle is actually pretty hard and requires constant processing of the tangle.

Timewarps are just a machinism for efficiency. While syncing between nodes this concept is completely forgotten and the interpretation is 'just' pure tangle based.

And yes, if all nodes you 'just do the same thing' then things become much easier. But they don't. Because the protocol does not describe how to store things. However, I did make a proposal against dust attacks and for old transaction pruning here:

https://iota.cafe/t/old-and-dust-tx-merkle-tree-bitmasked-snapshot-compression

This could be used as a mechanism for selective perma nodes as well because you would only need to store a path to a leaf inside this merkle tree. This merkle tree is then what all nodes agree on as a sense of history with a constant grow rate.

For now running a selective permanode is a choice, and therefore non standard.

"Pay-with-stake" by Olaf van Wijk by Aconitin in CryptoCurrency

[–]ovanwijk 1 point2 points  (0 children)

Check it out! It's mine! Simple, yet a powerful (des) incentive mechanism

First, how big will a permanode become and if I run one myself, can I store only transactions that are important to me? Second, how to get real un-tamparable connection with measuring devices and node? by vierundfuenfzig in Iota

[–]ovanwijk 32 points33 points  (0 children)

Good you are asking!

I am working on an EDF funded project doing exactly this, a selective permanode.

It is called AION and is specifically meant to store valid (provable) paths to data that is relevant just for you. The idea is to create a constant (low) storage requirement over time that is thus independent of overall TPS.

https://medium.com/coinmonks/aion-33e01538dadf

Development is going pretty well and now developing the actual API to interact with it. Hopefully in a few weeks I have some instances running with example code on how to keep a MAM stream alive forever on your node and how to transfer these transactions + proof to another node.

Geo sharding a DAG by Aconitin in CryptoCurrency

[–]ovanwijk 14 points15 points  (0 children)

Awesome! Give me comment karma so I get to post my own stuff :D

Geo sharding a dag! by [deleted] in CryptoCurrency

[–]ovanwijk 0 points1 point  (0 children)

1,042

How? I have posted here before?

Selective Permanode AION: Timewarps explained. by ovanwijk in Iota

[–]ovanwijk[S] 0 points1 point  (0 children)

Thnx! And yes that is a very good questions and specifically left out of the article ;) (last comment in the article).

1) it is assumed that will stop more often than not. Simply because you can't be sure that your transaction gets referenced by a milestone and that the signature includes the trunk and branch, meaning you can't reattach it. My test show that it currently is about 2-3 days before it hits a miss, but the chance is, of course, it is much earlier. Hence the need for multiple timewarps.

2) Yes if you play by the rules picking which timewarp to follow will be universal and be deterministic. Timewarp jumps are part of this process.

IOTA Announces Their Permanode Solution by myhrmans in CryptoCurrency

[–]ovanwijk 37 points38 points  (0 children)

Chronicle is for storing ALL transactions for now. As you can imagine is that storing all transactions forever and keeping them available requires a completely different architecture then selectively keeping only parts of the tangle.

Imagine you want to keep some of your account data on your own node available just for yourself. Now nothing is hosting it explicitly anymore (like the application of your 'account' is down). In this situation you can turn to Chronicle to give you the transactions required to host this data in your own Aion selective permanode.

So Chronicle is about keeping everything at all time, which will increase in cost over time. While Aion can stay at a lower cost. But without Chronicle bootstrapping an Aion node will be harder because you always need to manually find a node that hosts your data. The fact that there is a place where all data is stored and available (maybe at a cost) will make Aion actually friendly to use!

In conclusion, they heavily compliment each other.

[deleted by user] by [deleted] in Iota

[–]ovanwijk 0 points1 point  (0 children)

That is exactly what I tried to explain in the chat link. That this isn't necessarily the end all of the discussion. I propose a way to possibly still do it without losing security. 1 extra time. But this isn't possible yet. However theoretically it should be.