harrisjosh2711
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Posts posted by harrisjosh2711
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Interest in my kerbcoin is exponentially higher on Twitter than in the ksp community. These people are driven by greed. This scenario is exactly what I want to avoid. Everyone who contacted me had their own idea (that was usually illegal) or wanted to become and early investor. Please watch this 13 min TEDx speech to understand that crypto is about bringing financial services to the masses. Its so much more than a currency. The moment I start doing this for greed will be my downfall. You have to believe, to accomplish.
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Waiting on the parts to get my server node up and running. Luckily I have a 1tb hardrive lying around. Really should be an ssd but it should work. I have 4 pc's im going to try and keep 3 of them on the network, plus the dedicated server. I really need some security advice, please. Im rather 'ignorant' in that area. Even some advice on what I should search for would be helpful.
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This is hilarious! Its only 3 minutes. Check it out.
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Made a kerbal collectors coin.
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Collectors Coin
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44 minutes ago, kerbiloid said:
I just googled for "KRB"
I'm atleast glad you let me know. I doubt kerbcoin will be the release name. Changing the name is two commands. The ticker is two lines of code. (One for the test space and one for the real). Its only used for an identifier on the exchange. In any case, if this some sort of accusation that my coin is karbocoin. I will hunt you down for an apology when I release the source files :), as soon as tommorrow. (Maybe, I worked around 18 hours on this yesterday. Only slept 4. Little tired and physically hurting from sitting awkward.)
You aren't going to find my coin online atm. Its still in alpha and I do not want anyone getting my executable, mining unreleased coins, and obtaining a majority share. Ideally, I wouldn't allow mining until after the beta. It is very important to me that the coins are distributed in a highly decentralized manner. I will destroy the blockchain before I allow any whales to develop. That goes against everything im working for.
I'd love some input on the math end from any of you guys that love numbers. A good ole debate about inflation and deflation is high on the list of priorities. If anyone is interested in inflation, etc.
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The reason i love and believe in this community??
Your guys work inspired me. You showed me that I had long been underestimating myself. When I started kerbalized spacex I had owned a computer for about a year and knew only ms word and ms excel. Seeing what you guys created challenged me. I opened up those tutorials and within two days released my first command pod. It wasn't pretty, but it was MINE! I had to learn 3d modeling, texturing, scripting, animations, countless softwares, etc. I was proud of myself. I would have never done that if It weren't for you guys. You helped me believe in myself!
My profile picture is that pod! Hopefully u can see how much it means to me.
It would T total awesome if it were possible to land on duna and mine some kerbcoin lmao!
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lastly, the use case of this coin (why its a currency) is intended to allow modders to monetize themselves. I know this is an unpopular opinion, but if we dont monetize ourselves, someone else will monetize us. In fact they allready have. I imagine a hosting website in the future, that I have by no means finished its business plan. Hence I will not share it at this time. If you have ideas I would love to hear them!
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Also. Me offering to give this away is by DEFINITION a gift. Its very rude to criticize a gift even if you don't appreciate it. I dont know of any culture off hand where that's acceptable. Generally it's highly insulting and selfish. Me personally, I'd far rather a gift that comes from someone's heart rather than $10. That $10 isn't buying more than two coffies. Im giving you something that could buy you a ticket on a spacex rocket. There's a catch though. It wont work if you guys dont participate. Its happened before (dogecoin). Those guys were comedians not serious. You guys around here are intelligent, serious & compassionate. We are the winning team! I'd have taken this to Twitter if I felt otherwise. The one post I did leave had 'get rich quick' types with endless illegal ideas filling my inbox. This isn't no get rich quick scheme. It requires work, communication & collaboration.
and just and fyi. You are the only people that know about this project. I've kept it secret so you guys get all the first coins.
Another argument is by creating this i can give back to so many more creators. Sure I could give 20 guys $10. Wow big deal. Or I can spend a week of my time working my body and mind to utter exhaustion to create something that could make 10000 people millionaire's. FYI, I will destroy you if you try and become a billionaire off my coin. (Joking in a very serious way)
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Other than criticize my idea. I'd love to hear how you guys imagine a digital currency should work. I'd be happy to share the algorithms from the code for u check out if anyone's interested. Of course my source code will be available once i have decided on the final name and purchased the web address. If i shared the real name now no doubt someone would go out and buy it before me smh. At the end of the day. For me, it felt really cool working on code written by the legendary satoshi Yakamoto. Whoever the person (or persons) is, is undeniably a genius.
@HebaruSanthe entire idea of it being for donation is solely to give it a use case. People are more likely to fall behind the idea (cough--Elon Musk, follow his twitter) if they see its meant to genuinely accomplish a good thing.. The only issue is, Elon will not support a crypto thats too concentrated. He wants it distributed among the people. "The peoples currency" he calls it. The wealthy spend billions marketing to create value. With social media allowing near instant wold wide communication, we dont need to spend billions to engineer value. We only need hope!
Who wouldn't want to help a bunch of guys who create free content so others can learn and enjoy their lives?
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@HebaruSancrypto to me is a revolution. At what point in history could normal people band together under a common goal and create value? I still look to the doge community. Their joke coin helped send the Jamaican bobsled sled team to the Olympics, built wells in Africa, and handed out free clothes to the homeless. Everyone thinking this is all about money and electricity is wrong. If you joined kerbcoin hebarusan its potential for success would increase a few hundred fold.
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5 hours ago, kerbiloid said:
Karbo? That is a kerbcoin wallet. The answer to ur question was unique ports is how im sure my coin isn't confused with litecoin. Which its based off.
9 hours ago, HebaruSan said:Oh right, this is that thing where people waste electricity and GPU cycles and bid up GPU prices, isn't it?
If you want to donate cryptocurrency, sell it and send $ or £ or €.
How much waste does fiat money produce? Does it not take paper, cotton, or even plastic? Does it not need to be printed with inks? How often does it need to be reprinted? Does all this not come at the cost of electricity and pollution?
Nothing is perfect. The best decision is therefore the one which helps the most people. I would argue a little electricity and gpu power is nothing compared to the waste of fiat money. But....
I know digital currencies seems scary. But the entire world is going digital. People dont go to the movies. They dont shop at the mall. We live in a digital world. But yet..... digital currency is just too radical huh?
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Just an FYI. If kerbcoin became dogecoin (the joke/meme currency) everyone on this forum that participated would be able to afford a seat on a spaceX rocket. And then some..... we need to be smart, spread it around, and promote it on social media. Elon Musk will love kerbcoin when he sees what this community can make it. That is if anyone else is willing to work for it but me.
elon musk wants someone to make a new crypto.- For the people. Said he would make it himself "if neccesary". He is giving us a golden opportunity on a diamond encrusted platter. Im here to tell you guys the richest man in the world is knocking on the door. Are we going to answer? I for one am sick of missing opportunity. Dogecoin was created in two days by two people.
Oh, elon said all this 2-3 days ago. Check his twitter.
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19 hours ago, Spaceman.Spiff said:
IMO All the previously mentioned problems exist, but I think the more important one is that if you gave out "KerbKoins" for free, then they have no value.
As nice as the idea of "cutting out the middleman" with a crypto is, it would be nice to give them something which has value. I know that some have a bitcoin wallet address that you can send to. It's probably better to give someone you want to support, something that will actually support them
Do u think I would always give them out for free? Its not free to mine them. Do you think bitcoin was valuable two months after it was posted on a crypto forum? Did you know dogecoin was invented as a joke and now has a market cap of $6.7 billion? [snip] I 100% believe the ability of this community is far greater than doge.
[snip] Companies hand out free samples for every new product. Join a focus group if you don't believe me.. Heck, I bet ur local G man gives free samples and ask for feedback. [snip]
I'm going to recall what one of my finance professors once told me-
"If you have an idea and everyone likes it- its not a good idea. However, if you have an idea an everyone thinks your crazy. It may actually be a good idea"
[snip]
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11 minutes ago, Gargamel said:
It’s known that the fdic doesn’t normally cover any type of investment, so it’s be very odd for them to cover one as volatile as crypto.
My main concern with these statements is that our forum is full of young and intelligent people who might try to invest for the first time without knowing all the facts. Linking somewhat misleading links that are behind a paywall might keep some of them from doing their homework and thinking their gamble is protected.
Ah, I did not think of it this way. I will remove it and be more careful. Honestly, I wasn't really thinking about it as I was bored on arguing about Cryptos legitimacy. Either you believe its the future or you don't. Thats kinda where we are.
Edit: Cant remove it from quoted link.
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I understand not all crypto deposits are covered by the fdic. I am not 100% certain to what extent that may be. I actually intended that my wording wasn't explicitly clear in that regard. My argument is that is has began.
@MKIi don't think I effectively communicated what I meant by centralized. I actually wasnt talking about banks. What I meant is, when a crypto currency is created in generally end up in only a few people hands. If one of those few people ever decides to sell, they can single handedly crash the price. Therefore, a true currency needs to be distributed equally so that the market can balance it accordingly. Thats my opinion.
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So long as I have my private keys and can touch my money at any time im happy with the level of centralization I have deal with. That is, and has never been the case with banks. Theu are only required to hold a fraction of the money deposited in their accounts.
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1 hour ago, MKI said:
Really? Whats your source on this?
See above.
1 hour ago, MKI said:Its very very possible your crypto funds are actually covered via a financial institution directly or indirectly, as to have it covered means its protected by a centralized entity. Which kinda proves my point that you need and want a centralized system for your own finances.
I understand your reserves but I personally believe the benefits outweigh the cost.
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10 minutes ago, MKI said:
I don't really see a way around the centralized distribution model of current cryptocurrencies. Which essentially kills the main selling point of if being decentralized, which ultimately makes the entire concept impractical as a viable financial alternative.
Regardless of the technology, having a centralized model means its easier to get people connected, on-boarded, reviewed, tracked and protected.
Without that its nearly impossible to scale as everyone suddenly becomes their own financial advisor, banker, teller, fraud protection, and security. If someone steals your bitcoin wallet its over, as there's no one to contact, no fallback, no security advisor. Heck if you forget your password you suddenly lose access to all your funds with no alternative route. Yes the technology will protect funds from being forged, but that is only a single vector of a financial systems security model. For comparison, 100$ USD bills are super hard to forge, but no one leaves them lying around on the ground. You put them somewhere secure, or just deposit them in a bank so you don't have thousands of dollars sitting in a safe in your closet. You probably already have some fraud protection so if someone steals your credit card, they cant go spend all your money, and even if you do, the financial system will be able to deal with it themselves which is just less personal risk.
So in general it turns into a massive personal financial risk for increased freedom and anonymity, where the most important users are those doing shady dealings which can afford that risk as they need that anonymity.
However for a main-stream person to make a full jump just makes no sense, as the risk vastly outweigh the reward. Leaving cyrpto on the side as more of a novelty, rather than an actual viable alternative.
So cryptocurrencies fundamentally cant go mainstream because a decentralized model fundamentally isn't practical. Mind you it has nothing to do with the underlying block-chain technology itself, it has to do with the idea you can use block-chain to create cryptocurrencies that are better than existing financial institutions. That idea just doesn't hold.
The fdic first started covering deposits on crypto currency up to 250k in 2019. The last two month have been off the wall.. Institutional investors are now involved. The us government will protect it.
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@MKIi believe the financial aspects can be solved. For one, cryto is in the .com era. This type of speculative investing and pump stocks is not unique to the crypto market. One issue almost all crypto has is a cap on the number of coins. How can you distribute 22 million bitcoins among 8 billion people? Thats not realistic. A true currency has to be inflationary to atleast scale with population growth. That is why I call bitcoin a unit of storage not a currency.
Another issue is centralized distribution. The mid life of a cryto currency needs to scale faster because few will pick it up from the beginning (leading to whales) and then everyone will quickly jump on the train. Which creates all kinds of issues with stability. No crypto is currently like this because it will decrease the value of the crypto for all holders. Crypto creators have simply been greedy.
10 minutes ago, MKI said:On the science/economic side, I believe the initial Mars colony will probably be socialist in nature, where everything is owned "by the people".
Which might sound super political, but it isn't as that's exactly how small scale societies work, since its the clearest and simplest, and obviously the colony is probably focused more on not freezing on the surface of Mars rather than "who is richer".
However at a certain point once the colony is large enough and probably self sustaining, such a colony probably would end up with a centralized financial system just like most countries here on Earth. This will be because however people get to Mars, there will have to be centralized authority, otherwise the entire operation will fall apart. Only once there are competing authorities on a self sustaining Mars, could there be potentially competing financial systems. Then you end up essentially back at the colonial days on Earth, where different institutions force "their will" on others, or they end up working together using an agreed upon system of exchange.
You could argue "the people" will force some decentralized financial system, (marscoin?) but you forget... someone owns the network infrastructure and you end up back where you started with some central authority managing the financial infrastructure at some level haha.
I predict a corpo type government in the beginning and a revolt to a socialist government.
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@Vanamonde, @Gargamel, @kerbiloid
I know you skeptics, but wouldnt it be ironic if the ksp community invented the future currency of mars lol. I know someone here is smart enough to do it. Thats why I came here. Im not the genius. Im the visionary.
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35 minutes ago, Vanamonde said:
I was under the impression that this thing was intended to have some real world value since you referred to it as a "crypto currency." But now it sounds like you're suggesting something that has no actual value? How would that be different from the "like" system we have now?
Value is subjective. No crypto currency has value unless you believe it does. So yes, it will be worthless. My wildest dreams would be that everyone passed it around, and someone like elon musk, says "fate loves irony" #kerbincoin, and all of sudden it becomes REAL. Out of my hands. Ksp is a cool game, with a great community, it could happen! So the difference in the "like" system would be that there's the slightest possibly it could become valuable.
36 minutes ago, kerbiloid said:How can they be sure that the generated numbers are not primarily for bitcoin, and then used as a toy numbers in toy system.
Why "double spend"? Bitcoin would use it once. Toycoin is just a toy to show, it doesn't affect bitcoin, no doubles appear.
KSP has tens millions of PC. If several thousand start mining, it's a low-class distributed calculation network.
I will cross that bridge when I get it to it. I have not decide on the hash rates, etc. I plan on it being inflationary at a decreasing rate. You sound like you know alot. Perhaps u would offer up some advice if I run into trouble along the way?
Crypto Currency for KSP modders?
in The Lounge
Posted · Edited by harrisjosh2711
This project specifically, is a great way for young people to learn about investing, financial assets, compound interest, etc. They will no doubt need these skills more than rocket science even if their chosen profession is rocket scientist. You cannot buy anything without knowledge of the financial system. And they need to learn this quick. Universities now prey on the fact that students have easy access to loans.
here is some excellent advice I'd share with every young person. Put $5,000 a year, starting at age 20, into an ira for 10 years, until reaching age 30. In total you invest 50k over 10 years. Let that money sit until retirement. You will be a millionaire. Finance is the bedrock of society. Learn it and you win. Ignore it you lose.