This is it, lads. This is, bar none, the best speculative bet of 2018. Don't blow it. If you're not a weak-handed, impatient person, this could very well make you filthy rich in 2019.
">New PoW, no ICO, no premine >Completely ground floor with no marketing yet (see website). >Main dev has been working on BTC projects and Cryptography since before 2012 >Main dev for Satoshi Dice in 2012 bitcointalk.org/index.php?action=profile;u=56989;sa=showPosts;start=380 >Works for Google >Buying now is like buying BTC at 1 dollar >Unironically only 21 SNOW to make it >1million MKT cap. look at what it compares to on CMC >Slack community full of Vitalik style nerds “someone should do the mathematics on what's the collision chance of shuffling the fields in regards to getting a higher ratio of nicer seeks” >1k USD to get into the top 25% rich list > Low fee section in blocks >1.8 million TPS on testnet > UTXOs in block header, normies can run full-nodes for the next 1000 years because of this, no problem with chain size > Provably ASIC, quantum, and miner centralization resistant > Immutable P2P CASH > Snow channels data distribution network. Web3 that ETH never could be."
I don't know much about XMSS but it seems to be a merkle based system, and if it is like other merkle based systems I've looked at, it's security comes from only using each key once. That is all well and good, but if that is your approach then a wallet that defaults to using a new address for each change and each payment so you end up only using a given key once gets you the same protection. Snowblossom 1.3 wallet does this by default. As far as the large RSA keys, they can be still be broken by a quantum computer that is big enough, but making them larger is not at all easy so probably buys at least a year, probably more like a decade between one big enough to break normal elliptic curve and the large RSA. But really, no one knows. Some of the big players (like IBM) have put out statements basically warning to be ready for quantum computers. NIST is running a contest for post-quantum cryptography. There is a bunch of interesting work being done there: csrc.nist.gov/Projects/Post-Quantum-Cryptography/Round-1-Submissions So one of the key advantages of Snowblossom is the signing system is already modular so adding a new signing method will be easy. So we are well positioned to adopt the winner or finalists of the NIST contest as that moves further along. For a long term investor, that would look like using qhard keys in Snowblossom and then once we adopt one or more algorithms from the NIST contest and update snowblossom, an investor will want to move their funds from a large RSA protected wallet to the new algorithm. Hopefully, given how hard it is to add qubits to a quantum computer the window to do this will be at least a few years.
Cameron Morris
Info dump 3 :
>"Without really meaning to, the projects I've worked on have ended up being an in depth study of Bitcoin internals. With my mining pool software I had to get rather intimate with block details. With my electrum work I got to learn a great deal about UTXO databases, fast and stable local data stores (rocksdb FTW) and the various ways to index and think about block chains. This has put me in the position to do this snowblossom work learning from many Bitcoin lessons."
>perhaps some of the 'how to pack multidimensional message spaces as efficiently as possible' -approaches could yield something for the known-stable packings, but i have no idea where to being looking into that yet
>the culture here is more like you have to learn in order to get SNOW.
> Lead dev knows Jow Forums is onto him. "In two hundred years they will write in the history books about how the new founders the next phase of civilization met on Jow Forums (this is a joke)
Ironically we know main dev has wallets going back to 2011 AT LEAST. likely, beyond that, just haven't been able to confirm All he said was, "I've done some bitcoin projects but am new to the forum here." April 29 2012. Sounds like something Satoshi would have said if he returned after a small break.
Evan Green
Info dump 4 :
"Main dev for SNOW is scouting from NIST post quantum cryptography mailing list Confirm in the Snow slack This is the guy who built the first BTC infrastructure..."
o we are well positioned to adopt the winner or finalists of the NIST contest as that moves further along. For a long term investor, that would look like using qhard keys in Snowblossom and then once we adopt one or more algorithms from the NIST contest and update snowblossom
Snowblossom is designed to cripple specialized hardware attempts by requiring an expanding, massive amount of readily available storage, and relies on the IOPS of that storage. In theory, even millions of dollars in equipment would not be capable of delivering much faster storage or ram.
"it appears chain checkpointing has been achieved by Snow. This means that Lite Nodes, full nodes, all that shit is a thing of the past now. Originally chain size wasn't an issue because there was more nodes, everyone who ran a wallet was a node basically. ETH chain size is like 1 TB now making it difficult AF to sync especially since you download it p2p. Another thing that checkpointing will change is blocksizes, since the chain can be kept minimal and segmented blocksizes can be left alone, while normally they are kept limited at 1mb in order to prevent large pools of miners from spamming extremely large blocks - downloading them first (due to block propagation time) and then getting a head start on the next block.
Snow has this thing called fields, it has something to do with the difficulty and chain/block size. This is novel tech. I am still looking into it. If Snow doesn't encounter anything "breaking" then they should be able to overcome the chain and blocksize problem. This might be groundbreaking.
It might be something like max chain size at snowfield 11 (2 terabyte) which is probably hilariously larger than the solarsystem mining or something The chain allows for reorganization and all the UTXOs are stored in the blockheaders (which is fucking amazing, simply put)"
A dev says :
"I'd say it's off on several things. * Chain size has nothing to do with snowfield.
* The point of PoW in general is to act as a minting limiter. The problem has been that people made highly specialized patented hardware that gave them extreme advantage. This extreme advantage and limited ownership means whoever owns production of them dominates. Period.
Snowblossom is based on general IO, which is a problem in most all things in the world. So no one really has that advantage, because storage is so common.
At worst, we figure companies would have to invent faster storage, and ask : Is good for the world?"
-twu
Xavier Morgan
literally 0 official info anywhere
what the fuck is that website? where is the roadmap? how do i know where this projects wants to head
i'd throw a couple of hundred into it, but the lack of any details regarding near future, team or whatever is shady af user. dont care about your pseudo-trip
Charles Ross
Always with the website. Christ. I think you simply haven't done enough exploration. Join the Discord. Ask questions.
Jackson Nguyen
I like how people can be turned off a crypto project by the website. I honestly don’t think they should ever change it.
>literally 0 official info anywhere >what is github
Jackson Kelly
i might do that if that's the main channel for communicating more info about the project
i'm extra wary re: anonymous founders and lack of more public info
thanks user
Joseph Walker
Bump. This could be a sleeper.
Brayden Price
The founders are publically known. With the main dev being the guy who created several of the first Bitcoin projects and without a doubt played a pioneering role in this ENTIRE ecosystem (first mining pools, wallets, explorers). He just stayed out of the spotlight and instead took a humble position at a small company called Google.
Jason Adams
lots of bold claims. seems too good to be true
Samuel Peterson
“If you don’t get it, or don’t believe me, I don’t have time to explain it to you, sorry.” - Satoshi
Mason Nelson
Hahahahaha anyone who buys this shit has noone to blame but themselves when they lose it all
Isaiah Morgan
Nah man. How much longer we have until this explodes is the real question.
Joseph Thompson
Kek good one shillbro
Tyler Bennett
>”I’m unironically getting btc vibes”
Holy shit kek
Xavier Brown
Imagine being this blind. I'm not even twu but if you can't see the GROUNDBREAKING tech this has then you simply cannot be helped.
Chase Price
are these guys open source / have an open dev team?
if they are all vitalik style nerds, would be interesting to help out
snowblossom was polling hard on here 2 days ago btw, at least top 5 with ~20 mentions, kind of covered up by link threads today
Now you're just being ridiculous and completely unrealistic / unreasonable.
Jeremiah Cooper
will give it a look, interested in the tech
Lucas Ross
Next xrb here! Gaining traction
Jayden Mitchell
XRB went to 0.005 cents though. This is a bit more expensive....but you all remember how that has gone. Sometimes it just doesn't matter. Either way, I am very excited.
Solid play. As I've said. Ladder into this like BTC, and I doubt you will be sad about it in 6 months to a year.
Parker Jenkins
212.1 enough to make it?
Nicholas Peterson
Time will tell. Wait a month or two, save up enough to continue adding in. Buy like BTC, trade few, as miners will take care of trading, until there's recognizable, or at the very least, a nother couple exchange, Coinmarketcap listing, etc.
Anthony Turner
Don't ever use Liquid boys... I just moved my shitcoin stack there to sell for more BTC and now I'm stuck with $600 in funds I can't withdraw because of KYC. I was going to buy more SNOW.
William Ortiz
liquid is a regulated exchange, of course you should have known better and done the kyc first. they also take about 1 working to withdraw funds out
Jaxon Peterson
cant buy shit now. my funds are stuck holding xrn bags that wont do shit besides going sideways. when i can break even there, i will repurpose funds to buy that instead of xrn shit
Jeremiah Martin
They're reviewing my documents right now. But you're right. The only other place I could've sold my stack is IDEX. Probably should've tried it first though.
Leo Turner
I should really say "bags I'm 50% down on" instead of stack.
Jackson Gray
Just put my life's saving into snow. I'll reference this post when I'm the next Elon musk
Screen cap this
Adam Collins
the fuck were you holding? and why selling at -50% ?
Julian Gray
i just bought a few hundred and am hoping qnt moons fast enough for me to take out initial and then put it into snow for safe-keeping.
Nathan Rivera
Funneling is always a good idea in a situation like this.
Chase Lewis
Kek Why would you use liquid when we have p2p digital decentralized cash now?
That's about half a million USD worth around 2019 Q2.
I'd pick up at least 500 more SNOW and you've effectively secured you and your family's future. Good luck, just accumulate and you should be fine.
Alexander Williams
It's not that bad actually, you can still solo mine. ASICs being a thing of the past is amazing. Within 2 years this will have more nodes and hobby miners than BTC.
Juan Peterson
So you’re telling me if I throw $500-1k at this bad boy I’m gonna make it
Gavin Jackson
poor neet here - got 50 snow blossoms
will it make it :3
Brandon Lopez
If the prophecy is true and we will have a decentralized future. Yes.
