• Seeking volunteers to goldrush & bootstrap a new anonymous tokensystem

    From Coin Goldrush@gold@rush.example to alt.bitcoins,alt.cypherpunks,alt.privacy.anon-server,rocksolid.shared.encryption,sci.crypt on Thursday, January 05, 2023 23:13:55
    From Newsgroup: alt.bitcoins

    I am formulating how to announce and coordinate a bootstrap of a new
    token network. Ideally it will be set to go in about six months. Where
    should I inquire to find volunteers to bootstrap a new anonymous crypto-currency system?

    The system is experimental. It is not guaranteed to do anything useful.
    The system is meant to create tokens and allow tokens to be transferred between cryptographic ledger accounts, AKA, 'wallets.' The tokens can represent anything the user desires for them to represent. The tokens
    can represent coupons. The tokens can represent digital coins. The
    tokens can represent beans, if you wish to trade beans for tokens. Your imagination is the only limit for the use of the tokens.

    The system is not a blockchain. It is very different than blockchain. It
    does use Merkle trees but in a very unique way. The system is neither proof-of-work nor proof-of-stake. It works on new ideas. Every peer on
    the network mints tokens by lottery. Mining pools are not built in to
    the protocol. It works more like a lottery than a proof of work system.
    The more verifications a peer can prove the ability to perform, the more
    odds the peer has on the draw. A periodic gossip check establishes a
    peer's weight for the draw.

    The protocol is fully anonymous. It employs homomorphic commitment
    schemes to guarantee that all transactions are blind and untraceable.
    Wallet balances are also invisible to the network.

    Roughly 50 volunteers will be needed to bootstrap at the exact same time
    to get the network running. Ideally I would like to have boot-strap
    peers online in a dozen or more countries.

    Early adopters will have much higher odds in the lottery-like system for earning coins. The initial volunteers will be provided an exact date and
    time for the bootstrap goldrush via email, with links to the whitepaper
    and binaries.

    The binaries include a minting peer, wallet, and a simple app for
    sending transactions and checking the wallet balance.

    The volunteers would need to have a container or virtual machine ready
    with Debian stable to install the software.

    The release will be emailed to all volunteers first. About three days
    after the release information and links will be posted to alt.bitcoins
    so the initial volunteers have a head start to mint with increased odds
    in their favor. Thereafter I will begin posting release links to
    whatever Internet spaces are suggested as relevant for my project.

    No source code will be provided until well after the goldrush and a
    large number of peers are onboarded. Providing source code will only
    allow the rich grifters to copy and air-drop copy for their scams and
    kill my network in the cradle with their grift market advertising power.
    This is why the bootstrappers need to prepare a container or VM, for
    security, in case there are any bugs. Questions will be answered in the whitepaper on the goldrush release and reveal.

    Please suggest online spaces where I may inquire of curious and
    interested parties for such a bootstrap event. I will not respond to
    requests for the source code.

    Any and all participation in the goldrush is subject to the disclaimer
    below.
    --

    DISCLAIMER

    This is merely an offer to participate in a scientific experiment.

    The term 'goldrush' is a term of digital art signifying a 'first, come,
    first serve' situation. This term, 'goldrush' does not mean literal gold
    or any thing of actual value.

    Use subject to license.

    This is not a investment offer.

    This is not a money-making opportunity.

    This system is neither an investment nor a security.

    Absolutely no promise or warranty is represented herein. The author specifically disclaims and disavows any purported hypothecation of value
    or profit.

    The proffered software system is experimental.

    This is not an offer of sale or bargain.

    This is not a 'initial coin offering.'

    This system is not an investment and any interpretation as an investment
    is specifically disclaimed and disavowed. This is an offer to
    participate in a experimental system for the purposes of scientific exploration of a proposed digital token protocol.

    No purchase is necessary to use the release binary software according to
    the terms of the license agreement that governs the use of the software.

    The author is not liable for any damage or harm, real or imagined,
    arising from any use of the system. Every user of the system
    specifically holds the author harmless for any harm, loss, or damage,
    either from the use of the software or incidental to the use, without exception.

    There is no recourse to the author for any thing arising out of the use
    of the software.
    --- Synchronet 3.19b-Win32 NewsLink 1.113
  • From Coin Goldrush@gold@rush.example to alt.bitcoins,alt.cypherpunks,alt.privacy.anon-server,rocksolid.shared.encryption,sci.crypt on Friday, January 06, 2023 14:22:02
    From Newsgroup: alt.bitcoins

    On 1/5/23 23:13, Coin Goldrush wrote:
    I am formulating how to announce and coordinate a bootstrap of a new
    token network. Ideally it will be set to go in about six months. Where should I inquire to find volunteers to bootstrap a new anonymous crypto-currency system?

    The system is experimental. It is not guaranteed to do anything useful.
    The system is meant to create tokens and allow tokens to be transferred between cryptographic ledger accounts, AKA, 'wallets.' The tokens can represent anything the user desires for them to represent. The tokens
    can represent coupons. The tokens can represent digital coins. The
    tokens can represent beans, if you wish to trade beans for tokens. Your imagination is the only limit for the use of the tokens.

    The system is not a blockchain. It is very different than blockchain. It does use Merkle trees but in a very unique way. The system is neither proof-of-work nor proof-of-stake. It works on new ideas. Every peer on
    the network mints tokens by lottery. Mining pools are not built in to
    the protocol. It works more like a lottery than a proof of work system.
    The more verifications a peer can prove the ability to perform, the more odds the peer has on the draw. A periodic gossip check establishes a
    peer's weight for the draw.

    The protocol is fully anonymous. It employs homomorphic commitment
    schemes to guarantee that all transactions are blind and untraceable.
    Wallet balances are also invisible to the network.

    Roughly 50 volunteers will be needed to bootstrap at the exact same time
    to get the network running. Ideally I would like to have boot-strap
    peers online in a dozen or more countries.

    Early adopters will have much higher odds in the lottery-like system for earning coins. The initial volunteers will be provided an exact date and time for the bootstrap goldrush via email, with links to the whitepaper
    and binaries.

    The binaries include a minting peer, wallet, and a simple app for
    sending transactions and checking the wallet balance.

    The volunteers would need to have a container or virtual machine ready
    with Debian stable to install the software.

    The release will be emailed to all volunteers first. About three days
    after the release information and links will be posted to alt.bitcoins
    so the initial volunteers have a head start to mint with increased odds
    in their favor. Thereafter I will begin posting release links to
    whatever Internet spaces are suggested as relevant for my project.

    No source code will be provided until well after the goldrush and a
    large number of peers are onboarded. Providing source code will only
    allow the rich grifters to copy and air-drop copy for their scams and
    kill my network in the cradle with their grift market advertising power. This is why the bootstrappers need to prepare a container or VM, for security, in case there are any bugs. Questions will be answered in the whitepaper on the goldrush release and reveal.

    Please suggest online spaces where I may inquire of curious and
    interested parties for such a bootstrap event. I will not respond to requests for the source code.

    Any and all participation in the goldrush is subject to the disclaimer below.

    I posted a link to this usenet message on the hackernews feed (news.ycombinator.com).

    Their censors removed the post and deleted my user account. No
    explanation was provided.

    See for yourself: https://news.ycombinator.com/item?id=34277509

    What are they trying to hide? What are they trying to control?

    --- Synchronet 3.19b-Win32 NewsLink 1.113