How often does a banknote change hands?
7 years ago
https://www.howitworksdaily.com/how-often-does-a-banknote-change-hands/amp/
CSW
Apr 6, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649252748002009?thread_ts=1649252748.002009&cid=C5131HKFX
https://t.me/CSW_Slack/4241
7 years ago
https://www.howitworksdaily.com/how-often-does-a-banknote-change-hands/amp/
CSW
Apr 6, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649252748002009?thread_ts=1649252748.002009&cid=C5131HKFX
https://t.me/CSW_Slack/4241
β€1
Peer to Peer references a direct exchange without servers or middle systems.
Alice hands a Tx to Bob.
Not, Alice hands to a system that passes to a system that goes eventually to Bob
BTC, ETH are NOT P2P applications.
They are Server based systems
3 to 4 nodes is a distributed server.
Alice, to node servers to Bob
Bitcoin is P2P.
Alice hands a Tx to Bob.
There is a limit in nLocktime....
CSW
Apr 6, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649254708441499?thread_ts=1649254708.441499&cid=C5131HKFX
https://t.me/CSW_Slack/4242
Alice hands a Tx to Bob.
Not, Alice hands to a system that passes to a system that goes eventually to Bob
BTC, ETH are NOT P2P applications.
They are Server based systems
3 to 4 nodes is a distributed server.
Alice, to node servers to Bob
Bitcoin is P2P.
Alice hands a Tx to Bob.
There is a limit in nLocktime....
CSW
Apr 6, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649254708441499?thread_ts=1649254708.441499&cid=C5131HKFX
https://t.me/CSW_Slack/4242
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CSW - Slack Channel
CSW
Apr 6, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649254708441499?thread_ts=1649254708.441499&cid=C5131HKFX
https://t.me/CSW_Slack/4242
Apr 6, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649254708441499?thread_ts=1649254708.441499&cid=C5131HKFX
https://t.me/CSW_Slack/4242
β€1
Peer-to-peer networks allow individual computers to communicate directly with each other and to share information and resources without using specialized βserversβ.
Ripeanu, Matei. "Peer-to-peer architecture case study: Gnutella network." In Proceedings first international conference on peer-to-peer computing, pp. 99-100. IEEE, 2001.
Scanning nodes on a blockchain is not P2P.
IP2IP is P2P
Often Peer-to-Peer is used without having clearly stated the meaning of Peer-to-Peer. Thus it may happen, that sometimes in discussions the term Peer-to-Peer is used with completely opposing meanings.
Schollmeier, RΓΌdiger. "A definition of peer-to-peer networking for the classification of peer-to-peer architectures and applications." In Proceedings First International Conference on Peer-to-Peer Computing, pp. 101-102. IEEE, 2001.
CSW
Apr 6, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649255495554569?thread_ts=1649255495.554569&cid=C5131HKFX
https://t.me/CSW_Slack/4244
Ripeanu, Matei. "Peer-to-peer architecture case study: Gnutella network." In Proceedings first international conference on peer-to-peer computing, pp. 99-100. IEEE, 2001.
Scanning nodes on a blockchain is not P2P.
IP2IP is P2P
Often Peer-to-Peer is used without having clearly stated the meaning of Peer-to-Peer. Thus it may happen, that sometimes in discussions the term Peer-to-Peer is used with completely opposing meanings.
Schollmeier, RΓΌdiger. "A definition of peer-to-peer networking for the classification of peer-to-peer architectures and applications." In Proceedings First International Conference on Peer-to-Peer Computing, pp. 101-102. IEEE, 2001.
CSW
Apr 6, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649255495554569?thread_ts=1649255495.554569&cid=C5131HKFX
https://t.me/CSW_Slack/4244
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CSW
Apr 6, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649255495554569?thread_ts=1649255495.554569&cid=C5131HKFX
https://t.me/CSW_Slack/4244
Apr 6, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649255495554569?thread_ts=1649255495.554569&cid=C5131HKFX
https://t.me/CSW_Slack/4244
π1
BTC, again patent violations
https://en.bitcoin.it/wiki/ECDH_address
https://patentimages.storage.googleapis.com/e9/d4/1a/644d344019a178/EP3268914B1.pdf
CSW
Apr 6, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649257658961479?thread_ts=1649257658.961479&cid=C5131HKFX
https://t.me/CSW_Slack/4247
https://en.bitcoin.it/wiki/ECDH_address
https://patentimages.storage.googleapis.com/e9/d4/1a/644d344019a178/EP3268914B1.pdf
CSW
Apr 6, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649257658961479?thread_ts=1649257658.961479&cid=C5131HKFX
https://t.me/CSW_Slack/4247
π₯1
Re: Holding coins in an unspendable state for a rolling time window
From: Satoshi Nakamoto <satoshin@gmx.com> Date: Wed, Apr 20, 2011 at 11:39 AM To: Mike Hearn <mike@plan99.net> Subject: Re: Holding coins in an unspendable state for a rolling time window
https://archive.ph/E309j
From: Satoshi Nakamoto <satoshin@gmx.com> Date: Wed, Apr 20, 2011 at 11:39 AM To: Mike Hearn <mike@plan99.net> Subject: Re: Holding coins in an unspendable state for a rolling time window
https://archive.ph/E309j
π₯1
My question @CSW is did you actually make reference to Ripple back in 2009? I thought it wasn't released until 2012. (modificado)
CSW: Yes
XRP is different, and in 2009, Ripple had an interesting approach
Ripple was launched in 2004. The system was nothing like cripple is now
CSW
Apr 6, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649265119434949?thread_ts=1649265119.434949&cid=C5131HKFX
https://t.me/CSW_Slack/4249
CSW: Yes
XRP is different, and in 2009, Ripple had an interesting approach
Ripple was launched in 2004. The system was nothing like cripple is now
CSW
Apr 6, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649265119434949?thread_ts=1649265119.434949&cid=C5131HKFX
https://t.me/CSW_Slack/4249
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CSW
Apr 6, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649265119434949?thread_ts=1649265119.434949&cid=C5131HKFX
https://t.me/CSW_Slack/4249
Apr 6, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649265119434949?thread_ts=1649265119.434949&cid=C5131HKFX
https://t.me/CSW_Slack/4249
β€1
My prediction is BSV will reach 99% of all Blockchain transactions this year.
By 2030.... 99.999999% plus
Hyperledger will not exist
XRP...lol
BTC.... oh... the fun to come
CSW
Apr 7, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649354486846159?thread_ts=1649354486.846159&cid=C5131HKFX
https://t.me/CSW_Slack/4253
By 2030.... 99.999999% plus
Hyperledger will not exist
XRP...lol
BTC.... oh... the fun to come
CSW
Apr 7, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649354486846159?thread_ts=1649354486.846159&cid=C5131HKFX
https://t.me/CSW_Slack/4253
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CSW - Slack Channel
CSW
Apr 7, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649354486846159?thread_ts=1649354486.846159&cid=C5131HKFX
https://t.me/CSW_Slack/4253
Apr 7, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649354486846159?thread_ts=1649354486.846159&cid=C5131HKFX
https://t.me/CSW_Slack/4253
β€1
Threshold signatures DO NOT increase privacy.
They add risk and trust.
Each signer is a party to the actions of all others legally. A threshold group is legally responsible for the action of all members.
So, if set up incorrectly, these can be dangerous. You cannot assume these hide identity, they leave the exposed member subject join and severally without limitations to the actions of others.
In a formal partnership, this is a part of the arrangement
In exchanges if money....
These work IFF every member of the group understands the risk and as in a general partnership, agrees to suffer or benefit from the actions, good and ill, of the others.
Generally, these are in 2 of 3 or more to ensure that the control is not assumed by the other party.
And, if you are smart YOU STILL USE N OF M multisig. Even if these are thresholded
CSW
Apr 8, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649400940464229?thread_ts=1649400940.464229&cid=C5131HKFX
https://t.me/CSW_Slack/4256
They add risk and trust.
Each signer is a party to the actions of all others legally. A threshold group is legally responsible for the action of all members.
So, if set up incorrectly, these can be dangerous. You cannot assume these hide identity, they leave the exposed member subject join and severally without limitations to the actions of others.
In a formal partnership, this is a part of the arrangement
In exchanges if money....
These work IFF every member of the group understands the risk and as in a general partnership, agrees to suffer or benefit from the actions, good and ill, of the others.
Generally, these are in 2 of 3 or more to ensure that the control is not assumed by the other party.
And, if you are smart YOU STILL USE N OF M multisig. Even if these are thresholded
CSW
Apr 8, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649400940464229?thread_ts=1649400940.464229&cid=C5131HKFX
https://t.me/CSW_Slack/4256
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CSW - Slack Channel
CSW
Apr 8, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649400940464229?thread_ts=1649400940.464229&cid=C5131HKFX
https://t.me/CSW_Slack/4256
Apr 8, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1649400940464229?thread_ts=1649400940.464229&cid=C5131HKFX
https://t.me/CSW_Slack/4256
π2β€1