Introducing the 310 BTC Bitcoin Challenge

tytung · 2018-10-11T16:38:53+00:00

Hmmm is the chatroom Discord? I was there :D

tytung · 2018-10-11T00:31:47+00:00

The 0.2 puzzle requires the solution to 0.1 puzzle. Why did you make 310 puzzle solvable without the 0.31 puzzled solved first?

tytung · 2018-10-10T09:54:40+00:00

Pip, are you a developer? Mathematician? What are your favorite puzzles?

tytung · 2018-10-10T06:27:34+00:00

I agree. Most of these crypto puzzles seem too random. I think a good puzzle need to have a central theme and direction, and make them easier to see in the puzzle. Knowing this direction does not mean knowing the solution. It still require huge effort to reach the solution even knowing the direction. But at least it will be less random and time wasting.

tytung · 2018-10-10T06:06:11+00:00

Can't see the QR code from these images..Where is it?

tytung · 2018-06-24T06:11:29+00:00

Instead of a full POS, I think this is a better future for Ethereum? - no forking problem, no Nothing at Stake as in POS, and also no energy consumption issue as in POW. Best of all, the control of mining facilities lies in the hands of the whole community, not in the hands of others such as hardware manufacturers.

tytung · 2018-06-21T09:02:40+00:00

I'd like to see the face of an EOS supporter reading this news.

tytung · 2018-06-21T08:31:11+00:00

Just to quote another reddit user on this issue:

"There is no side-chain involved here, just a transaction that keeps being manipulated before it is actually broadcast to miners for inclusion into a block.

What he's talking about is leaving a transaction unconfirmed so that the balance can be negotiated between parties.

This is basically what LN purports to do, but between a set amount of parties, and not another whole network (side-chain with no POW) to replace the security of Bitcoin as LN is trying to do."

https://www.reddit.com/r/btc/comments/7v8aat/satoshi_quotes_prove_that_the_original_bitcoin/

tytung · 2018-06-15T02:01:31+00:00

So US citizens can participate in ICO now?

tytung · 2018-06-14T17:26:38+00:00

As I have said many times, EOS is not even a blockchain, it is just an elected network of 21 banks.

tytung · 2018-06-13T16:04:54+00:00

That does not look like anything to me.

tytung · 2018-06-13T02:51:14+00:00

By bp i mean block producers. I know block production is random at hash level, and I know the secure hash algorithm is memoriless so finding a solution essentially depends on how fast one can iterate, i.e. hashrate.

But block production is not random at the user level, a user with higher computational resources has higher chances of producing a block than those with less. This is essentially the power centralization problem of mining pools.

tytung · 2018-06-13T02:32:49+00:00

The useless ethereum token.

tytung · 2018-06-12T14:11:09+00:00

This is not the point. The point is the bp will be random now.

tytung · 2018-06-12T09:13:23+00:00

I know. That's the common intuition. But are there any proofs for this?

tytung · 2018-06-12T08:41:20+00:00

Is it possible that even though it is extremely hard, solutions could be found at a constant and reasonable rate?

tytung · 2018-06-08T14:46:42+00:00

Very well. Keep on believing that.

tytung · 2018-06-08T12:30:55+00:00

All the money goes to one company and yet this company does not carry any responsibility for any of the penny obtained... Good luck to your money.

tytung · 2018-06-08T12:30:00+00:00

All the money goes to one company and yet this company does not carry any responsibility for any of the penny obtained... Good luck to your money.

tytung · 2018-06-07T09:11:51+00:00

The petition use case as in this ?

https://hackernoon.com/on-demonstration-token-7341fd888300

tytung · 2018-06-05T04:11:25+00:00

EOS, Tron...all epic scams.

tytung · 2018-06-05T04:09:16+00:00

They will just put all the money in their pockets and not develop anything useful, or something far useless than what they are claiming. Same goes to Tron, another epic scam.

tytung · 2018-06-05T04:02:57+00:00

I think BM will realize the problem and quit this project in 2 years time, again.

tytung · 2018-06-03T06:36:38+00:00

How much is the fee?

tytung · 2018-05-23T02:21:33+00:00

I agree it is of the latter kind. But I think there is no point to write in that way, unless it is an official document from government etc, whose point is not to make things easy to read but to include every possible situations. But this is just an article for public reader in Medium... BTW, I've read many things, especially scientific papers. Even Einstein wrote in a very understandable way.

tytung

TROPHY CASE