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ColossusXT Q2 AMA Ends!

Thank you for being a part of the ColossusXT Reddit AMA! Below we will summarize the questions and answers. The team responded to 78 questions! If you question was not included, it may have been answered in a previous question. The ColossusXT team will do a Reddit AMA at the end of every quarter.
The winner of the Q2 AMA Contest is: Shenbatu
Q: Why does your blockchain exist and what makes it unique?
A: ColossusXT exists to provide an energy efficient method of supercomputing. ColossusXT is unique in many ways. Some coins have 1 layer of privacy. ColossusXT and the Colossus Grid will utilize 2 layers of privacy through Obfuscation Zerocoin Protocol, and I2P and these will protect users of the Colossus Grid as they utilize grid resources. There are also Masternodes and Proof of Stake which both can contribute to reducing 51% attacks, along with instant transactions and zero-fee transactions. This protection is paramount as ColossusXT evolves into the Colossus Grid. Grid Computing will have a pivotal role throughout the world, and what this means is that users will begin to experience the Internet as a seamless computational universe. Software applications, databases, sensors, video and audio streams-all will be reborn as services that live in cyberspace, assembling and reassembling themselves on the fly to meet the tasks at hand. Once plugged into the grid, a desktop machine will draw computational horsepower from all the other computers on the grid.
Q: What is the Colossus Grid?
A: ColossusXT is an anonymous blockchain through obfuscation, Zerocoin Protocol, along with utilization of I2P. These features will protect end user privacy as ColossusXT evolves into the Colossus Grid. The Colossus Grid will connect devices in a peer-to-peer network enabling users and applications to rent the cycles and storage of other users’ machines. This marketplace of computing power and storage will exclusively run on COLX currency. These resources will be used to complete tasks requiring any amount of computation time and capacity, or allow end users to store data anonymously across the COLX decentralized network. Today, such resources are supplied by entities such as centralized cloud providers which are constrained by closed networks, proprietary payment systems, and hard-coded provisioning operations. Any user ranging from a single PC owner to a large data center can share resources through Colossus Grid and get paid in COLX for their contributions. Renters of computing power or storage space, on the other hand, may do so at low prices compared to the usual market prices because they are only using resources that already exist.
Q: When will zerocoin be fully integrated?
A: Beta has been released for community testing on Test-Net. As soon as all the developers consider the code ready for Main-Net, it will be released. Testing of the code on a larger test network network will ensure a smooth transition.
Q: Is the end goal for the Colossus Grid to act as a decentralized cloud service, a resource pool for COLX users, or something else?
A: Colossus Grid will act as a grid computing resource pool for any user running a COLX node. How and why we apply the grid to solve world problems will be an ever evolving story.
Q: What do you think the marketing role in colx.? When ll be the inwallet shared nodes available...i know its been stated in roadmap but as u dont follow roadmap and offer everything in advance...i hope shared MN's to be avilable soon.
A: The ColossusXT (COLX) roadmap is a fluid design philosophy. As the project evolves, and our community grows. Our goal is to deliver a working product to the market while at the same time adding useful features for the community to thrive on, perhaps the Colossus Grid and Shared Masternodes will be available both by the end of Q4 2018.
Q: When will your github be open to the public?
A: The GitHub has been open to the public for a few months now.
You can view the GitHub here: https://github.com/ColossusCoinXT
The latest commits here: https://github.com/ColossusCoinXT/ColossusCoinXT/commits/master
Q: Why should I use COLX instead of Monero?
A: ColossusXT offers Proof of Stake and Masternodes both which contribute layers in protection from 51% attacks often attributed with Proof of Work consensus, and in being Proof of Work(Monero) ColossusXT is environmentally friendly compared to Proof of Work (Monero). You can generate passive income from Proof of Stake, and Masternodes. Along with helping secure the network.What really sets ColossusXT apart from Monero, and many other privacy projects being worked on right now, is the Colossus Grid. Once plugged into the Colossus Grid, a desktop machine will draw computational horsepower from all the other computers on the grid. Blockchain, was built on the core value of decentralization and ColossusXT adhere to these standards with end-user privacy in mind in the technology sector.
Q: With so many coins out with little to no purpose let alone a definitive use case, how will COLX distinguish itself from the crowd?
A: You are right, there are thousands of other coins. Many have no purpose, and we will see others “pumping” from day to day. It is the nature of markets, and crypto as groups move from coin to coin to make a quick profit. As blockchain regulations and information is made more easily digestible projects like ColossusXT will rise. Our goal is to produce a quality product that will be used globally to solve technical problems, in doing so grid computing on the ColossusXT network could create markets of its own within utilizing Super-computing resources. ColossusXT is more than just a currency, and our steadfast approach to producing technical accomplishments will not go unnoticed.
Q: Tell the crowd something about the I2P integration plan in the roadmap? 🙂
A: ColossusXT will be moving up the I2P network layer in the roadmap to meet a quicker development pace of the Colossus Grid. The I2P layer will serve as an abstraction layer further obfuscating the users of ColossusXT (COLX) nodes. Abstraction layer allows two parties to communicate in an anonymous manner. This network is optimised for anonymous file-sharing.
Q: What kind of protocols, if any, are being considered to prevent or punish misuse of Colossus Grid resources by bad actors, such as participation in a botnet/denial of service attack or the storage of stolen information across the Grid?
A: What defines bad actors? ColossusXT plans on marketing to governments and cyber security companies globally. Entities and individuals who will certainly want their privacy protected. There is a grey area between good and bad, and that is something we can certainly explore as a community. Did you have any ideas to contribute to this evolving variable?What we mean when we say marketing towards security companies and governments is being utilized for some of the projects and innovating new ways of grid computing.
Security: https://wiki.ncsa.illinois.edu/display/cybersec/Projects+and+Software
Governments: https://www.techwalla.com/articles/what-are-the-uses-of-a-supercomputer
Q: The Colossus Grid is well defined but I don't feel easily digestible. Has their been any talk of developing an easier to understand marketing plan to help broaden the investoadoptor base?
A: As we get closer to the release of the Colossus Grid marketing increase for the Colossus Grid. It will have a user friendly UI, and we will provide Guides and FAQ’s with the release that any user intending to share computing power will be able to comprehend.
Q: Can you compare CollossusXT and Golem?
A: Yes. The Colosssus Grid is similar to other grid computing projects. The difference is that ColossusXT is on it’s own blockchain, and does not rely on the speed or congestion of a 3rd party blockchain. The Colossus Grid has a privacy focus and will market to companies, and individuals who would like to be more discreet when buying or selling resources by offering multiple levels of privacy protections.
Q: How do you guys want to achieve to be one of the leaders as a privacy coin?
A: Being a privacy coin leader is not our end game. Privacy features are just a small portion of our framework. The Colossus Grid will include privacy features, but a decentralized Supercomputer is what will set us apart and we intend to be leading this industry in the coming years as our vision, and development continue to grow and scale with technology.
Q: With multiple coins within this space, data storage and privacy, how do you plan to differentiate COLX from the rest? Any further partnerships planned?
A: The Colossus Grid will differentiate ColossusXT from coins within the privacy space. The ColossusXT blockchain will differentiate us from the DATA storage space. Combining these two features with the ability to buy and sell computing power to complete different computational tasks through a decentralized marketplace. We intend to involve more businesses and individuals within the community and will invite many companies to join in connecting the grid to utilize shared resources and reduce energy waste globally when the BETA is available.
Q: Has colossus grid had the best come up out of all crypto coins?
A: Possibly. ColossusXT will continue to “come up” as we approach the launch of the Colossus Grid network.
Q: How far have Colossus gone in the ATM integration
A: ColossusXT intends to and will play an important role in the mass adoption of cryptocurrencies. We already have an ongoing partnership with PolisPay which will enable use of COLX via master debit cards. Along with this established relationship, ColossusXT team is in touch with possible companies to use colx widely where these can only be disclosed upon mutual agreement.
Q: How does COLX intend to disrupt the computing industry through Grid Computing?
A: Using the Colossus Grid on the ColossusXT blockchain, strengthens the network. Computers sit idly by for huge portions of the day. Connecting to the Colossus Grid and contributing those idle resources can make use of all the computing power going to waste, and assist in advancing multiple technology sectors and solving issues. Reducing costs, waste, and increased speed in technology sectors such as scientific research, machine learning, cyber security, and making it possible for anyone with a desktop PC to contribute resources to the Colossus Grid and earn passive income.
Q: What kind of partnerships do you have planned and can you share any of them? :)
A: The ColossusXT team will announce partnerships when they are available. It’s important to finalize all information and create strong avenues of communication between partners ColossusXT works with in the future. We are currently speaking with many different exchanges, merchants, and discussing options within our technology sector for utilizing the Colossus Grid.
Q: Will shared Masternodes be offered by the COLX team? Or will there be any partnerships with something like StakingLab, StakeUnited, or SimplePosPool? StakingLab allows investors of any size to join their shared Masternodes, so any investor of any size can join. Is this a possibility in the future?
A: ColossusXT has already partnered with StakingLab. We also plan to implement shared Masternodes in the desktop wallet.
Q: How innovative is the Colossus Grid in the privacy coin space?
A: Most privacy coins are focused on being just a currency / form of payment. No other project is attempting to do what we are doing with a focus on user privacy.
Q: Hey guys do you think to integrated with some other plataforms like Bancor? I would like it!
A: ColossusXT is in touch with many exchange platforms, however, due to non disclosure agreements details cannot be shared until it is mutually decided with the partners. We will always be looking for new platforms to spread the use of colx in different parts of the world and crypto space.
Q: What is the reward system for the master node owners?
A: From block 388.800 onwards, block reward is 1200 colx and this is split based on masternode ownestaker ratio. This split is based on see-saw algorithm. With an increasing number of masternodes the see-saw algorithm disincentivizes the establishment of even more masternodes because it lowers their profitability. To be precise, as soon as more than 41.5% of the total COLX coin supply is locked in masternodes, more than 50% of the block reward will be distributed to regular staking nodes. As long as the amount of locked collateral funds is below the threshold of 41.5%, the see-saw algorithm ensure that running a masternode is financially more attractive than running a simple staking node, to compensate for the additional effort that a masternode requires in comparison to a simple staking node.Please refer to our whitepaper for more information.
Q: What other marketplaces has the COLX team been in contact with?
Thanks guys! Love the coin and staff
A: ColossusXT gets in touch for different platforms based on community request and also based on partnership requests received upon ColossusXT business team’s mutual agreement. Unfortunately, these possibilities cannot be shared until they are mutually agreed between the partners and ColossusXT team due to non disclosure agreements.
Q: What do you think about the new rules that will soon govern crypto interactions in the EU? they are against anonymous payments
A: Blockchain technology is just now starting to become clear to different governments.
ColossusXT's privacy features protect the end-user from oversharing personal information. As you are probably aware from the multiple emails you've received recently from many websites.
Privacy policies are always being updated and expanded upon. The use of privacy features with utility coins like ColossusXT should be a regular norm throughout blockchain. This movement is part is about decentralization as much as it is about improving technology.
While this news may have a role to play. I don't think it is THE role that will continuously be played as blockchain technology is implemented throughout the world.
Q: Any hints on the next big feature implementation you guys are working on? According to road map - really excited to hear more about the Shared MN and the scale of the marketplace!
A: Current work is focused on the privacy layer of Colossus Grid and completing the updated wallet interface.
Q: Why choose COLX, or should I say why should we believe in COLX becoming what you promise in the roadmap. What are you different from all the other privacy coins with block chain establishment already in effect?
A: ColossusXT is an environmentally friendly Proof of Stake, with Masternode technology that provide dual layers of protection from 51% attacks. It includes privacy features that protect the user while the utilize resources from the Colossus Grid. Some of the previous questions within this AMA may also answer this question.
Q: What tradeoffs do you have using the Colossus Grid versus the more typical distribution?
A: The advantage of supercomputers is that since data can move between processors rapidly, all of the processors can work together on the same tasks. Supercomputers are suited for highly-complex, real-time applications and simulations. However, supercomputers are very expensive to build and maintain, as they consist of a large array of top-of-the-line processors, fast memory, custom hardware, and expensive cooling systems. They also do not scale well, since their complexity makes it difficult to easily add more processors to such a precisely designed and finely tuned system.By contrast, the advantage of distributed systems (Like Colossus Grid) is that relative to supercomputers they are much less expensive. Many distributed systems make use of cheap, off-the-shelf computers for processors and memory, which only require minimal cooling costs. In addition, they are simpler to scale, as adding an additional processor to the system often consists of little more than connecting it to the network. However, unlike supercomputers, which send data short distances via sophisticated and highly optimized connections, distributed systems must move data from processor to processor over slower networks making them unsuitable for many real-time applications.
Q: Why should I choose Colossus instead of another 100,000 altcoins?
A: Many of these alt-coins are all very different projects. ColossusXT is the only Grid computing project with a focus on user privacy. We have instant transactions, and zero-fee transactions and ColossusXT is one of the very few coins to offer live support. Check out our Whitepaper!
Q: Will there be an option (in the future) to choose between an anonymous or public transaction?
A: Zerocoin is an evolution of the current coin mixing feature. Both allow an individual to decide how they would like to send their transactions.
Q: What exchange has highest volume for ColossusXT, and are there any plans for top exchanges soon ?
A: Currently Cryptopia carries the majority of ColossusXT volume. We are speaking with many different exchanges, and preparing requested documentation for different exchanges. ColossusXT intends to be traded on every major exchange globally.
Q: What is the TPS speed that colx blockchain achieves?
A: ColossusXT achieves between 65-67 TPS depending on network conditions currently.
Q: Plans on expanding the dev team?
A: As development funds allow it, the team will be expanded. Development costs are high for a unique product like ColossusXT, and a good majority of our budget is allocated to it.
Q: Can you explain what is and what are the full porpose of the COLOSSUSXT GRID PROJECT ?
A: Colossus Grid is explained in the whitepaper. The uses for grid computing and storage are vast, and we are only starting to scratch the surface on what this type of computing power can do. There is also a description within the formatting context within the AMA of the Colossus Grid.
Q: Is there mobile wallet for Android and iOS? If not, is there a roadmap?
A: There Android wallet is out of beta and on the Google PlayStore: iOS wallet is planned for development.
The roadmap can be found here: https://colossusxt.io/roadmap/
Q: Is ColossusXT planning on partnering up with other cryptocurrency projects? Such as: Bread and EQUAL.
A: ColossusXT plans on partnering with other crypto projects that make sense. We look for projects that can help alleviate some of our development work / provide quality of life upgrades to our investors so that we can focus on Colossus Grid development. When absolutely love it when the community comes to us with great projects to explore.
Q: Did you ever considered a coinburn? Don't you think a coin burn will increase COLX price and sustain mass adoption? Do you plan on keeping the price of COLX in a range so the potential big investors can invest in a not so much volatile project?
A**:** There are no plans to do a coinburn at this time. Please check out our section in the whitepaper about the supply.
Q: what is the next big exchange for colx to be listed ?
A: There are several exchanges that will be listing ColossusXT soon. Stay tuned for updates within the community as some have already been announced and future announcements.
  1. CryptalDash
  2. NextExchange
  3. CoinPulse
  4. CoinSwitch (Crowdfunding)
  5. Plaak (Crowdfunding)
Q: How will Colx compete with other privacy coins which claim to be better like Privacy?
A: ColossusXT is not competing with other privacy coins. ColossusXT will evolve into the Colossus Grid, which is built on the backbone of a privacy blockchain. In our vision, all these other privacy coins are competing for relevancy with ColossusXT. There are also similar responses to question that may hit on specifics.
Q: Does COLX have a finite number of coins like bitcoin?
A: No, ColossusXT is Proof of Stake. https://en.wikipedia.org/wiki/Proof-of-stake
Q: What are the advantages of COLX over other competitor coins (eg. ECA)?
A: The only similarities between ColossusXT and Electra is that we are both privacy blockchains. ColossusXT is very much an entirely different project that any other privacy coin in the blockchain world today. The Colossus Grid will be a huge advantage over any other privacy coin. Offering the ability for a desktop machine to rent power from others contributing to the Colossus Grid and perform and compute high level tasks.
Q: How do you feel about some countries frowning upon privacy coins and how do you plan to change their minds (and what do you plan to do about it?)
A: The ColossusXT team tries to view opinions from multiple perspectives so that we can understand each line of thinking. As blockchain technology becomes more widely adopted, so will the understanding of the importance of the privacy features within ColossusXT. Privacy is freedom.
Q: How do you see COLX in disrupting cloud gaming services such as PlayStation Now?
A: Cloud gaming services have not been discussed. Initial marketing of our private grid computing framework will be targeted at homes users, governments, and cyber security firms who may require more discretion / anonymity in their work.
Q: Since colx is a privacy coin and is known for its privacy in the transactions due to which lot of money laundering and scams could take place, would colx and its community be affected due to it? And if does then how could we try to prevent it?
A: ColossusXT intends to be known for the Colossus Grid. The Colossus Grid development will be moved up from Q1 2019 to Q3 2018 to reflect this message and prevent further miscommunication about what privacy means for the future of ColossusXT. Previous answers within this AMA may further elaborate on this question.
Q: When do you plan to list your coin on other "bigger" exchanges?
A: ColossusXT is speaking with many different exchanges. These things have many different factors. Exchanges decide on listing dates and we expect to see ColossusXT listed on larger exchanges as we approach the Colossus Grid Beta. The governance system can further assist in funding.
Q: What was the rationale behind naming your coin ColossusXT?
A: Colossus was a set of computers developed by British codebreakers in the years 1943–1945. XT symbolises ‘extended’ as the coin was forked from the original Cv2 coin.
Q: Can you give any details about the E Commerce Marketplace, and its progress?
A: The Ecommerce Marketplace is a project that will receive attention after our development pass on important privacy features for the grid. In general, our roadmap will be changing to put an emphasis on grid development.
Q: How will someone access the grid, and how will you monetize using the grid? Will there be an interface that charges COLX for time on the grid or data usage?
A: The Colossus Grid will be integrated within the ColossusXT wallet. Buying & Selling resources will happen within the wallet interface. You won't be able to charge for "time" on the grid, and have access to unlimited resources. The goal is to have users input what resources they need, and the price they are willing to pay. The Colossus Grid will then look for people selling resources at a value the buyer is willing to pay. Time may come into play based on which resources you are specifically asking for.
Q: Are there any plans to launch an official YouTube channel with instructional videos about basic use of the wallets and features of COLX? Most people are visually set and learn much faster about wallets when actually seeing it happen before they try themselves. This might attract people to ColossusXT and also teach people about basic use of blockchain and cryptocurrency wallets. I ask this because I see a lot of users on Discord and Telegram that are still learning and are asking a lot of real basic questions.
A: ColossusXT has an official YT account with instructional videos: https://www.youtube.com/channel/UCCmMLUSK4YoxKvrLoKJnzng
Q: What are the usp's of colx in comparing to other privacy coins?
A: Privacy coins are a dime a dozen. ColossusXT has different end goals than most privacy coins, and this cannot be stated enough. Our goal is not just to be another currency, but to build a sophisticated computing resource sharing architecture on top of the privacy blockchain.
Q: A new exchange will probably gain more liquidity for our coin. If you might choose 3 exchanges to get COLX listed, what would be your top 3?
A: ColossusXT intends to be listed on all major exchanges globally. :)
Q: What is the future of privacy coins? What will be the future colx userbase (beyond the first adopters and enthusiasts)?
A: The future of privacy is the same it has always been. Privacy is something each and everyone person owns, until they give it away to someone else. Who is in control of your privacy? You or another person or entity?The future of the ColossusXT user base will comprise of early adopters, enthusiast, computer science professionals, artificial intelligence, and computational linguistics professionals for which these users can utilize the Colossus Grid a wide range of needs.
Q: Will ColossusXT join more exchanges soon??
A: Yes. :)
Q: So when will Colossus put out lots of advertisement to the various social media sites to get better known? Like Youtube videos etc.
A: As we get closer to a product launch of the Colossus Grid, you’ll begin to see more advertisements, YouTubers, and interviews. We’re looking to also provide some presentations at blockchain conferences in 2018, and 2019.
Q: In your opinion, what are some of the issues holding COLX back from wider adoption? In that vein, what are some of the steps the team is considering to help address those issues?
A: One of the main issues that is holding ColossusXT back from a wider adoption is our endgame is very different from other privacy coins. The Colossus Grid. In order to address this issue, the ColossusXT team intends to have a Colossus Grid Beta out by the end of Q4 and we will move development of the Colossus Grid from Q1 2019 to Q3 2018.
Q: Or to see it from another perspective - what are some of the biggest issues with crypto-currency and how does COLX address those issues?
A: Biggest issue is that cryptocurrency is seen as a means to make quick money, what project is going to get the biggest “pump” of the week, and there is not enough focus on building blockchain technologies that solve problems or creating legitimate business use cases.
For the most part we believe the base of ColossusXT supporters see our end-game, and are willing to provide us with the time and support to complete our vision. The ColossusXT team keeps its head down and keeps pushing forward.
Q: I know it's still early in the development phase but can you give a little insight into what to look forward to regarding In-wallet voting and proposals system for the community? How much power will the community have regarding the direction COLX development takes in the future?
A: The budget and proposal system is detailed in the whitepaper. Masternode owners vote on and guide the development of ColossusXT by voting on proposals put forth by the community and business partners.
Our goal is to make this process as easy and accessible as possible to our community.
Q: Will there be an article explaining the significance of each partnership formed thus far?
A: Yes, the ColossusXT team will announce partners on social media, and community outlets. A detailed article of what partnerships mean will be available on our Medium page: https://medium.com/@colossusxt
Q: What potential output from the Grid is expected and what would it's use be?
For example, x teraflops which could process y solutions to protein folding in z time.
A: There are many uses for grid computing. A crypto enthusiast mining crypto, a cyber security professional cracking a password using brute force, or a scientist producing climate prediction models.
The resources available to put towards grid projects will be determined by the number of nodes sharing resources, and the amount of resources an individual is willing to purchase with COLX.
All individuals will not have access to infinite grid resources.
Q: Is there a paper wallet available?
A: Yes, see https://mycolxwallet.org
Q: Is there a possibility of implementing quantum computer measures in the future?
A: This is a great idea for potentially another project in the future. Currently this is not possible with the Colossus Grid. Instead of bits, which conventional computers use, a quantum computer uses quantum bits—known as qubits. In classical computing, a bit is a single piece of information that can exist in two states – 1 or 0. Quantum computing uses quantum bits, or 'qubits' instead. These are quantum systems with two states. However, unlike a usual bit, they can store much more information than just 1 or 0, because they can exist in any superposition of these values.
Q: Do you plan to do a coin burn?
A: No future coin burns are planned. Anything like this would go through a governance proposal and Masternode owners would vote on this. This is not anything we’ve seen within the community being discussed.
Q: Can I check the exact number of current COLX master node and COLX staking node?
A: Yes. You can view the Masternodes and the amount of ColossusXT (COLX) being staked by viewing the block explorer.
Block explorer: https://chainz.cryptoid.info/colx/#!extraction
Q: What incentive could we give a youtuber to do the BEST video of ColossusXT (COLX)?
A: We've been approached by several YouTubers. The best thing a YouTuber can do is understand what ColossusXT is, join the community, ask questions if there is something they don't understand.
The problem with many YouTubers is that some of them are just trying to get paid, they don't really care to provide context or research a project.
Disclaimer: This is not all YouTubers, but many.
Q: In which ways is the ColossusGrid different from other supercomputer / distributed computing projects out there. Golem comes to mind. Thanks!
A: The main difference is that we are focused on the end users privacy, and the types of users that we will be targeting will be those that need more discretion / anonymity in their work. We are building framework that will continue to push the boundaries of user privacy as it relates to grid computing.
Q: Can we please complete our roadmap ahead of schedule? I find most other coins that do this actually excell in terms of price and community members. Keep on top of the game :)
A: The Colossus XT roadmap is a very fluid document, and it is always evolving. Some items are moved up in priority, and others are moved back. The roadmap should not be thought of something that is set in stone.
Q: Does COLX have master nodes?
A: Yes. ColossusXT has masternodes.
Q: Have thought about providing a method to insert a form of payment in colx in any page that wants to use cryptocurrencies in a fast and simple way in order to masive adoption????
A: There is already this option.https://mycryptocheckout.com/coins/
Q: What do you think your community progress till now?
A: The community has grown greatly in the last 3 months. We’re very excited to go from 13 to 100 questions in our quarterly AMA. Discord, Telegram, and Twitter are growing everyday.
Q: I noticed on Roadmap: Coinomi and ahapeshift wallet integration. Can you tell me more about this? I am new in crypto and new ColX investor so I don't know much about this. Thanks and keep a good work.
A: Coinomi is a universal wallet. ColossusXT will have multiple wallet platforms available to it. Shapeshift allows you to switch one crypto directly for another without the use of a coupler (BTC).
Q: Is "A general-purpose decentralized marketplace" written in the whitepaper the same as "E-COMMERCE MARKETPLACE" written on the roadmap?
Please tell me about "A general-purpose decentralized marketplace" or "E-COMMERCE MARKETPLACE" in detail.
A: Details will be posted as we get closer to the marketplace. It will be similar to other marketplaces within blockchain. Stay tuned for more information by following us on Twitter.
Q: History has shown that feature-based technologies always get replaced by technologies with platforms that incorporate those features; what is colossius big picture?
A: The Colossus Grid. Which has been explained within this AMA in a few different ways.
Q: What are the main objectives for COLX team this year? Provide me 5 reason why COLX will survive in a long term perspective? Do you consider masternodes working in a private easy to setup wallet on a DEX network? Already big fan, have a nice day!
A: Getting into Q3 our main object is to get a working product of the Colossus Grid by the end of Q4.
  1. Community - Our community is growing everyday as knowledge about what we’re building grows. When the Colossus Grid is online we expect expansion to grow at a rapid pace as users connect to share resources.
  2. Team - The ColossusXT team will continue to grow. We are stewards of a great community and an amazing project. Providing a level of support currently unseen in many other projects through Discord. The team cohesion and activity within the community is a standard we intend to set within the blockchain communities.
  3. Features - ColossusXT and The Colossus Grid will have user friendly AI. We understand the difficulties when users first enter blockchain products. The confusion between keys, sending/receiving addresses, and understanding available features within. Guides will always be published for Windows/Mac/Linux with updates so that these features can be easily understood.
  4. Colossus Grid - The Colossus Grid answers real world problems, and provides multiple solutions while also reducing energy consumption.
  5. Use Case - Many of the 1000+ other coins on the market don’t have the current use-case that ColossusXT has, let alone the expansion of utility use-cases in multiple sectors.
Q: Will the whitepaper be available in Portuguese?
A: Yes. We will be adding some language bounties to the website in the future. Stay tuned.
Q: Notice in your white paper there are future plans for decentralised governance and masternode voting. While all that is great, how do you plan on mitigating malicious proposals from getting through by gaming the system (i.e. bot votes, multiple accounts, spam,etc)?
A: You cannot game the system. Masternode owners get 1 vote.
Q: Been a massive fan of this project since Dec last year, anyways what was the reason you guys thought of putting XT at the end of Colossus. :)
A: XT symbolizes ‘extended’ as the coin was forked from the original Cv2 coin.
Q: Do you plan a partnership within the banking industry to capitalize on such large amounts of money being moved continuously?
A: The focus will be on the Colossus Grid and Grid computing, with the option to participate in the financial sector of Blockchain through Polis Pay, and other partnerships that can be announced in the future.
Q: When will be COLX supported By The Ledger Wallet?
A: Integration with cold storage wallet is planned. I myself (PioyPioyPioy) have a Nano Ledger S and I love it!
Q: Where do you see yourself in five years?
A: The goal 5 years from now would be to be a leading competitor in cloud computing and storage. Providing government, private cybersecurity, and individuals with efficient solutions to Super-computing, cloud storage through Blockchain infrastructure. I would like to see hardware options of connecting to the grid to utilize resources after the Colossus Grid is online, and I think this can contribute to many use-case scenarios.
Q: How can I suggest business partnerships and strategic ideas etc to the ColossusXT team?
A: Join us in Discord. Members of the team here are active daily, you can also contact us at: [[email protected]](mailto:[email protected])
Q: A great project requires good funding. How do you plan to incorporate fund sourcing and management into the long-term planning of this project
A: Check out our governance section within the whitepaper. :)
Website: https://colossusxt.io
Whitepaper: https://colossuscoinxt.org/whitepape
Roadmap: https://colossuscoinxt.org/roadmap/
Follow ColossusXT on:
Twitter: https://twitter.com/colossuscoinxt
Facebook Page: https://www.facebook.com/ColossusCoin/
Telegram: https://web.telegram.org/#/im?p=s1245563208_12241980906364004453
Discord: https://discord.gg/WrnAPcx
Apply to join the team: https://docs.google.com/forms/d/1YcOoY6nyCZ6aggJNyMU-Y5me8_gLTHkuDY4SrQPRe-4/viewform?edit_requested=true
Contribute an idea: https://colossusxt.fider.io/
Q2 AMA Questions: https://www.reddit.com/ColossuscoinX/comments/8ppkxf/official_colossusxt_ama_q2/
Previous AMA: https://www.reddit.com/ColossuscoinX/comments/8bia7o/official_colossusxt_ama/
submitted by PioyPioyPioy to ColossuscoinX [link] [comments]

The Strange Birth & History of Monero, Part II: BitMonero

--YOU CAN READ THIS IN SPANISH HERE--
When i first knew about Monero i was hungry of information, and when i found the americanpegasus post about "The Strange Birth & History of Monero" i loved it. I looked for a second part for a while but as there was no trace of it i did my own investigations. Now i've decided it could be a good idea to paste the results here with the same format as americanpegasus did, to help new users looking for info about the "strange birth" of Monero.
Bitmonero - a new coin based on CryptoNote technology
https://bitcointalk.org/index.php?topic=563821.0
Notable comments in this thread:
-1: " Important: this is not a Bytecoin relaunch or not a Bytecoin replacement but a Bytecoin fork. Bytecoin has its own long history, community and stakeholders we don't know much about. I respect them and their decisions even if I don't understand them now. An intention to relaunch coin is always harmfull for everybody involved. Fork is a right way to contribute to community in case you don't agree with decisions already made. - Why did I make fork? - Because there is a number of technical and marketing issues I wanted to do differently. And also because I like ideas and technology and I want it to succeed. I did an announcement ASAP while a lot of details aren't still defined because the earlier it is announced the more people will be able to join. Details will appear as soon as they will be defined and decided.
Here are details that are already defined and I don't plan to change this:
  1. New coin will use Bytecoin(BCN)/CryptoNote code base.
  2. New coin is started from scratch (i.e. from genesis block).
  3. Emission schedule has a flatter curve (close to Bitcoin's original curve).
  4. Bitmonero - BMR (monero /esperanto/ = coin)
  5. Block target = 60 seconds"
(https://bitcointalk.org/index.php?topic=563821.msg6146656#msg6146656) [thankful_for_today makes public BitMonero, and he stablishes some features he is not willing to change]
-11: “I honestly don't see the advantage of bringing the block time down to 1 minute. You're ultimately looking at increasing orphan blocks and decreasing hash power, and all you get is a feature that looks great on paper but has little purpose. I wouldn't mess with it. Apparently the BCN devs wanted 5-10 minute block times but settled on 2 minutes after lengthy disputes. Their decision is explained in more detail here: https://forum.cryptonote.org/viewtopic.php?f=5&t=20”
(https://bitcointalk.org/index.php?topic=563821.msg6151158#msg6151158) [Johnny Mnemonic tries to persuade TFT into bigger block target]
-15: ” Block target isn't only about transaction speed.
It also influences the chance to get block in solomining […] Solo mining gives decentralization.
[…]
From another point of view faster block are smaller (less transactions per block). Small blocks are easier to propagate through network.”
(https://bitcointalk.org/index.php?topic=563821.msg6160389#msg6160389) [TFT justifies his position]
-16: “Any coin that is successful wont be feasible to solo mine eventually.”
(https://bitcointalk.org/index.php?topic=563821.msg6161218#msg6161218) [smooth supports Johnny Mnemonic proposal of bigger blog target]
-25: “There are very good reasons for having a fork instead. With BCN we have a coin that refused to show itself for 2 years and has been 80% mined. Why would the markets accept that? Crypto distribution is absurdly bad […] But this [BCN] is taking it to a whole new level. […]Don't underestimate "instamining" stigma - it annihilated Quark and continues to plague DRK
[…]
A fresh start pre-announced start gives a known market history, a fairer and longer distribution, and active development with feedback.
That said, I'm disappointed in what this thread turned out to be. We should've had discussion on the name and the parameters and other things and yet thankful_for_today is nowhere to be seen 4 days from the supposed launch.”
(https://bitcointalk.org/index.php?topic=563821.msg6239589#msg6239589) [eizh justifies the fork and shows the first public complains on TFT activity/communication: he’s been 100% quiet for 5 days]
-37: “Looks like everything is ready. Bitmonero will be launched in 24 hours => Launch time 17 April, 22:00”
(https://bitcointalk.org/index.php?topic=563821.msg6256385#msg6256385) [TFT announces the BitMonero launch time, it is his first post in 6 days]
-53: “Bitmonero = bit + monero monero = mono (money) + ero (bit) = coin (esperanto language)
OS X build is a problem for me. I don't have a mac available for building and testing. In case somebody can help with building for Mac or for Windows, please PM me.”
(https://bitcointalk.org/index.php?topic=563821.msg6272312#msg6272312) [TFT, 1h prior to launch, announces there are not neither Mac nor Windows clients built]
-54: “Wait, you won't have Windows available? A launch is basically a premine without a Windows client available. BCN has one, so what's the issue?”
(https://bitcointalk.org/index.php?topic=563821.msg6272532#msg6272532)
-56: “I will wait until somebody will help with windows and mac compilation.”
(https://bitcointalk.org/index.php?topic=563821.msg6272768#msg6272768) [TFT delays BitMonero launch]
-58: “Trying to cross compile”
(https://bitcointalk.org/index.php?topic=563821.msg6272876#msg6272876) [tacotime]
-70: “I really like the idea of forking BCN but only if it is done properly!”
(https://bitcointalk.org/index.php?topic=563821.msg6274881#msg6274881) [x0rcist, as others do, thinks the launch is being rushed]
-71: “I think the most important change is the emissions schedule, but yes, this is rushed. The name alone may doom it.
This coin had no discussion behind it. It was pointed that the block time is too fast beyond the solo mining phase. It was kept without offering reasons. It was pointed out that the name should be voted on. Nope, and a bizarre name resulted.
Perhaps the biggest reason to fork is that it was mined for 2 years without making itself available to the other 99.9999999% of the internet on the clearweb. Yet, we wouldn't be much better if we did a launch without a GUI client and a website. Instead, we were 1 hour from launch without a Windows client, which is actually a step backwards from BCN itself (they released an easy-to-use package with a batch file for nontechnical users). We need (1) an accessible release with (2) proper marketing (including a different name). Right now this fork doesn't have much of a reason to exist, IMO. There's no reason to release it now and work on these things later, either. All we'd be doing is unfairly mining it ahead of everyone else”
(https://bitcointalk.org/index.php?topic=563821.msg6275044#msg6275044) [eizh points out that TFT blatantly ignored the community suggestions and also thinks all this is being rushed]
-77: “I've updated an OP: sources are on git, binaries are on MEGA.
Height is 5, difficulty is 27908. This is a good start.”
(https://bitcointalk.org/index.php?topic=563821.msg6279564#msg6279564) [TFT follows through his plans w/o much interaction]
-87: “not happy with the rush job and the 12 decimal numbers (Huh) but the blockchain already started so;
i registered the channel #bitmonero on freenode, this is easier for support questions so come join!
(https://bitcointalk.org/index.php?topic=563821.msg6280702#msg6280702)
-97: “I'm working on this [merged mining with Bytecoin] together with a friend of mine. Merged mining will be released next week.”
(https://bitcointalk.org/index.php?topic=563821.msg6281655#msg6281655) [TFT announces a feature that would confront him with the whole community in the near future]
-133: “The only community discussion this coin saw (regarding the reduced block time) the developer ignored outright. It was made pretty clear that moving to 60 second blocks was not the best approach and had zero long-term benefit.”
(https://bitcointalk.org/index.php?topic=563821.msg6286990#msg6286990)
-159: “There is a lot of issues with GUI to talk about. I propose to meet in Irc at 20GMT today. Is this time good?
I have some budget we can spend to motivate GUI developers: 1.000.000 BCN and 400 BMR.
Anybody can contribute some coins also for this purpose.”
(https://bitcointalk.org/index.php?topic=563821.msg6295475#msg6295475) [TFT shows himself collaborative “for first time”]
-175: “The current situation is that someone disabled mempool and forked the chain so that the invalid tx doesn't get in the way. But the difficulty hasn't changed much so blocks are being found much more rarely than 1 minute. So you can mine, it's just very slow. A few people are on the freenode channel trying to solve the cause of the problem.”
(https://bitcointalk.org/index.php?topic=563821.msg6300059#msg6300059) [eizh points the first “TFT-induced” bug]
-177: “Hello!
It's all right
I have a fix and I will deploy it now. Hardfork is not required. The problem is in mining code not in protocol rules.
10 minutes, please”
(https://bitcointalk.org/index.php?topic=563821.msg6300328#msg6300328) [TFT says he already has a fix ready]
-204: “Auctioning 100 BMR minimum bid 0.001 btc https://bitcointalk.org/index.php?topic=577296”
(https://bitcointalk.org/index.php?topic=563821.msg6303161#msg6303161) [smooth tries to sell for first time a BMR token]
-205: ”This topic's first post should also be more informative.”
(https://bitcointalk.org/index.php?topic=563821.msg6303294#msg6303294) [Once again, eizh points out a TFT-related problem.]
-214: “a botnet or cloud has come onto the network starting at block 2633, difficulty is now almost 100k!”
(https://bitcointalk.org/index.php?topic=563821.msg6304960#msg6304960) [tacotime notices a difficulty increase]
-215: “We had our first public trade [...] 100 BMR = 0.005 BTC https://bitcointalk.org/index.php?topic=577296.0”
(https://bitcointalk.org/index.php?topic=563821.msg6304971#msg6304971) [smooth announces that the first BMR sale has taken place]
-275: “New BCN clone: "HoneyPenny" (yes, really)
https://bitcointalk.org/index.php?topic=577267.0
[…]
Props to them for actually putting anonymous and unlinkable in the thread title. A casual browser still would have no idea what BMR actually does.”
(https://bitcointalk.org/index.php?topic=563821.msg6327901#msg6327901) [eizh shares the announcement of a third cryptocurrency based on CryptoNote so far by then, this coin will be re-named Boolberry (BBR) in the future. He also takes advantage of this launch to point again the lack of communication and cooperation of TFT, specially with the OP]
-300: “Difficulty still skyrocketing. At this rate BMR may pass BCN within the next day or so.”
(https://bitcointalk.org/index.php?topic=563821.msg6331990#msg6331990) [BitMonero hashrate is growing so fast it might outpace BCN soon]
-317: “Hi! I have two news (good one and bad one):
[bad] I haven't read previous messages yet
[good] here is a logo contest: https://bitcointalk.org/index.php?topic=580155.0”
(https://bitcointalk.org/index.php?topic=563821.msg6338544#msg6338544) [TFT shows up again against community expectations. He is not taking part at all in the community debates]
-329: (https://bitcointalk.org/index.php?topic=563821.msg6349635#msg6349635) [eizh is still pressing TFT to change the OP without luck]
-341: “CryptoNote has relatively good privacy for transmitting values throughout the network (ring signatures, stealth addressing) while not compromising things like being able to detect inflation over the network. In ZeroCash, you can only prove that coins have been generated, not the amount that was generated, so any bugs within the system will go undetected. This would have been a huge problem for Bitcoin, as there was a well known bug involving integer overflow that allowed you to generate 2 billion coins.
Note that zero knowledge proofs are used in the ring signature method by ByteCoin/BitMonero, too (see section 4.4 of the whitepaper). Obfuscation of signature linkability is much more advanced than that used in DarkCoin, and you need to read the whitepaper to truly appreciate it.
CryptoNote also has support for multisig built in, despite the much more limited scripting language as compared to Bitcoin (see Section 6.3 of the CryptoNote 2.0 whitepaper). This is important for the implementation of decentralized marketplaces like DarkMarket that use multisig to enable the blockchain to be an escrow.”
(https://bitcointalk.org/index.php?topic=563821.msg6356308#msg6356308) [tacotime justifies the CryptoNote improvements to DarkCoin and ZeroCash]
-357: “I can't help with anything else but I can donate 2000 BMR towards various projects relating to the coin. I hope it helps.”
(https://bitcointalk.org/index.php?topic=563821.msg6359986#msg6359986) [NoodleDoodle shows up for first time in the BMR topic]
-363: “Discussion of chain future going on presently in IRC”
(https://bitcointalk.org/index.php?topic=563821.msg6362144#msg6362144) [tacotime posts probably the most important message in the whole thread: the community is taking decisions on BMR future w/o TFT]
-365: “So far:
New OP: https://bitcointalk.org/index.php?topic=582080.0”
(https://bitcointalk.org/index.php?topic=563821.msg6362485#msg6362485) [David Latapie summarizes the rebels have agreed on]
MRO thread is live and emission curve issue (inflation is 2 times higher than it should be) is made public
-374: “Voting about emission curve change added: https://bitcointalk.org/index.php?topic=585480”
(https://bitcointalk.org/index.php?topic=563821.msg6406102#msg6406102) [TFT tries to satisfy a community that is letting him alone]
-380: “Same fork, same dev as the original author. The community changed the name, but the original author didn't close the thread.”
(https://bitcointalk.org/index.php?topic=563821.msg6414656#msg6414656) [tacotime makes clear that, so far (27th, April 2014), BMR and MRO are the same coin with the same dev team]
-401: ”Transaction extra parse issue
Fixing as we speak
Please use main thread https://bitcointalk.org/index.php?topic=583449.0”
(https://bitcointalk.org/index.php?topic=563821.msg6475592#msg6475592) [tacotime announces a bug and that its fix is in progress. Besides he asks to use the “main” thread]
-402: “Takotime, there are two issues:
  1. Main thread is here.
  2. Bug is fixed.”
(https://bitcointalk.org/index.php?topic=563821.msg6476068#msg6476068) [TFT breaks out (30th, Apr 2014): he does not recognize community changes]
-403: “You did not really fix it. You just ignore every error in the code with your 'update' We should wait for tacotime to confirm that the issue is fixed. PS: We should all use the main thread: Please use main thread: https://bitcointalk.org/index.php?topic=583449.0”
(https://bitcointalk.org/index.php?topic=563821.msg6476331#msg6476331) [It is not a secret anymore: TFT and the “rebel” community do not have a good relationship]
-480: (https://bitcointalk.org/index.php?topic=563821.msg7384159#msg7384159) [Months back (June 2014) and after a few months of inactivity, TFT comes back and makes public that he will keep working in BitMonero]
-487: “Actually, several attempts were made behind the scenes and TFT's continued demand was full admin rights over the Monero repo. Now, what could that be useful for when tacotime already offered push/pull rights? It's certainly not about contributing code - push/pull offers the right to do that without interference or permission. This is basically a repeating pattern of shutting out everyone else, which is ironically what caused him to lose the project in the first place. The tone of that post makes his level of maturity obvious for everyone to see.
I might also point out that his contribution to date consists of 10 or so lines of code changed in a header file (to clone BCN). Then a bug 'fix' that actually allowed the chain to be attacked later (now fixed). This was followed by his disappearance. Disproportionate visibility indeed.”
(https://bitcointalk.org/index.php?topic=563821.msg7387658#msg7387658) [eizh makes clear they tried to make a deal with TFT]
This is basically everything worth reading in this thread. I’ve extracted the most important posts in the whole thread, from first to last page. TFT, Bitmonero and its community are key in the birth of Monero.
These are the main conclussions:
  • BitMonero has a reason to exist. But to justify its existence it doesn’t need just reasons, but also a dedicated team and a participative community.
  • Thankful_for_today definitely it is not a sociable leader. His posts are scarce, every few days, and he can’t keep up to date with a nascent community really dedicated
  • TFT is desperate to launch BitMonero, probably to be the first Bytecoin fork and have the “first mover” advantage. He is even about to launch without Windows client.
  • Due to the rush, TFT has induced a few bugs. The most important one the emission curve.
  • Bytecoin starts to have some traction, and TFT keeps ignoring community suggestions, so the community has now doubts of BMR future. NoodleDoodle, eizh, David Latapie, Tacotime and smooth among others lead a split, firstly just to change the name and re-publishing the announcement thread, but they will eventually hard-split.
I have already ready a summary of the MRO topic that has a short life of not even 2 days but still has A LOT of interesting info about how the team is being built and what are their opinions on several topics. May i remember you that by then Monero had 1 minute blocks and an emission curve that would have created 86% of the tokens in 2 years. In the next post (will only make it public if i see there's any interest) we will see how and when the team adressed the problems with the emission curve, and when was the miner optimized to take away the probably voluntary obfuscations the code had.
submitted by el_hispano to Monero [link] [comments]

What entity manages .com, .net, .gov, .us, .cn domains?

For the longest time I still have not a clue how this works. I am not sure if this is the right subreddit or something like networking
This is all I understand so far about the web (or internet?), computers, and electronics in general (its super long just skip to bold part if you need to)
INTERNET:
Okay, but who manages the .info, .com, .net, .cn, .rs, and .gov top level domains?
There's obviously some domains that are specific to countries, and are most likely managed by that countries' government entity. E.G (.us for usa? .ws for russia, .cn for china) but aren't nearly as popular as the .net and .com domains.
.Org and .gov are US? government regulated top level domains to my knowledge, where .org is mostly nonprofit. U.S.A uses .gov domains for its government organizations
So I understand that some countries government manages that domain. But what about public top level domains, like .com, .info, .net, .ca?
Who manages the database for those? Who gives authority to godaddy for those domains for rent? Who mediates copyright conflicts for those domains? (E.G. say my name is Mike Cro Soft, and I wanted to rent a domain called mikecrosoft, but get DMCA'd / copyrighted by microsoft.com)
Like, what are the big organizations mediating internet protocols and legislation on a global scale?
Who or what has access to the biggest picture of the web, and its workings and backend?
sorry for the long wall of text, I've been missing some vital information on how the web? (or is it internet?) works
disclaimer: I don't take CS classes and did not major in computer science. So I might be really off in what i understand about the internet as a whole. Most of this is just what I learned from browsing reddit and youtube
Apologies in advance if i butchered a bunch of terms and how things work. I just wrote things as they randomly came to me
submitted by Rubick555 to AskComputerScience [link] [comments]

[Table] IAMA Malware Developer. AMAA

Verified? (This bot cannot verify AMAs just yet)
Date: 2012-04-12
Link to submission (Has self-text)
Link to my post
Questions Answers
Have you ever been infected with malware, if so, how did you react? What should one do to avoid getting malware? Haha yeah I have been infected a few times, it is frusterating but most antivirus softwares do the trick unless you are infected with some undetectable malware. I always check hijack this and my outgoing connections a few times a week to make sure nothing suspicious is going on. To not get malware my best advise would be to not download cracked programs through torrents or warez sites. These are popular ways to spread malware. If you want to use pirated software run a keygen through sandboxie and use the legit installer. To avoid script exploits I recommend using a script blocking plugin such as noscripts for chrome or NoScript for firefox. Many ads are becoming ways to spread malware, you have to always be on the lookout.
How long does it take you to create the things you do? How did you learn to do it? How "good" are you at what you do and how long would it take, for instance, me (with no experience in programing whatsoever) to be at your level of goodness? It takes me about 1 month to create something from scratch that is of good quality. I learned it by teaching myself and looking at sources. It depends on how dedicated and of course how smart you are, but if you are intelligent you could probably learn in a year or two.
What's your testing process like - do you write unit tests? Do you test in various VMs and configurations to make sure it works? Do you have other developers to review your work? As far as the testing process goes, I test on 32 bit and 64 bit systems from xp to windows 7 to make sure all the functions work. Most of my programs are very different to each other, sometimes I make it hide in other running programs, sometimes it just sits in the open but is difficult to remove.
What are the most common, functional requirements that you apply to any malware (for example, must not show up in task manager)? What are the most common features that attract buyers for your products? What's the most common 'entry point' for an exploit of yours? (Examples: user downloads a crack, or user leaves firewall disabled, or user clicks on a link, or user connected to unsecure wifi)? People generally buy my product for stability and long lasting undetection so that it takes a while before most people realize they are infected. There are other features that are less important because they are found in many common malware programs.
What do you tell people you do for work in order to avoid being punched in the throat if you told them the truth? I just tell them I sell crack.
Can you, like, please stop? For you, thatgamerguy, anything.
Is it true that Macs are mostly safe from stuff like this? Macs and *nix systems are mostly safe because they aren't as widely used as windows, although they have just as many security flaws.
Can you speak to the programmers in the crowd as to what methodologies and strategies you use? As a c/c++ programmer of many years myself, I'm curious how you do what you do. How did you learn? Where might others learn? This fascinates me. For making things hard to delete my current method is to inject code into every process and hook the apis to delete and end processes. This prevents it from being deleted. If someone does manage to bypass the hook the injected code will just rewrite the malware to the disk. As far as networking, all you need to know is reverse socket connections with TCP. Check opensc.ws for more info about this stuff. That is the best site to learn at right now imo.
So, most redditors are very well informed with the internet/torrents/coding/engineering/blah blah blah/kittehs. Do you think your malware has infected anyone on this site? To expand, do you think the use of your malware is essentially easily avoidable to those who understand the internet gods? Could you explain any reasoning you could think of for why others would buy then implement your malware? And last but not least: ARE YOU MAGICALLY INFECTING MY COMPUTER RIGHT NOW?? WIZARD PROGRAMMER. Well I can't say for certain but probably it has infected people on this site purely because its so big. My job isn't to make it easy to infect people, just easy to hide on the computer. So if someone has some good exploits and can make the malware undetected then it is hard to know for certain if you are infected or not.
Mystic being of untold dark force, how might we convince you to use your powers for good? After I graduate I plan on work for a computer security company. As a college student I can't do much now.
Would you tell the security company that you used to develop malware? Lol nope.
How much money do the people make that buy your software? What prevents people from uploading your software to torrent sites or reselling it? My software generally has anti-crack protection on it so I can license it to a specific computer. People that use my software make varying amounts depending on what they use it for. I talked to someone that uses it to mine bitcoins with 50-100k bots, he makes about 20k a month.
Why do people pay so much to mess up other people's computers? I really don't know much about malware other then that it is bad... Did you get put on an FBI watch list or did they follow you around in a dark van? The people that buy my software make much more money from using it than I do selling it.
If your programs are supposed to work as part of a bigger whole, is there some sort of standard architecture your program specifically works under? Are the methods and ways of calling those methods meet some hacker standard, or do you publish an API with your script and just assume whoever uses your stuff is tech savvy enough to figure out everything they need to know? Could they easily read your code to see what you're doing or do you only send a binary/executable? Have you been surprised by any aspects of the industry you're taking part in? Does one segment seem a lot larger than you anticipated or did you come across a particular hacking technique you thought was rather interesting/inventive? I'm thinking on the level of channeling all the fractional pennies lost on rapid transactions to a bank account as being an interesting tactic... Do you individually sell/commission your programs or is there an equivalent to Amazon for such code? Where do you go to read news? I am sort of confused on this question. I am always surprised when people release good sophisticated malware which uses new methods to hide itself from the computer user. I never expected there would be such a huge supply of script kiddies who will buy software and barely know how to use it, only to hit someone offline on xbox live or something. I generally have someone else do the selling and finishing touches on my programs. I split some money with him.
Thanks for doing this AMA. Fuck all of the judgmental redditors. People don't offer to do IAMA's so that they can get bitched at by people on the internet. IAMA's are intended to give you an insight to a lifestyle that is not your own, so don't judge him for his choices. What OS do you do most of your programming on? When you're not programming, what OS do you use. What form of currency do you typically accept? Bitcoin? Do you use any recreational drugs? If so, do you obtain any of your drugs online? I use windows 7 64-bit to program on, and also use it for just regular usage. I accept bitcoins, Liberty Reserve, and Webmoney. I have done a lot of drugs but mainly I smoke bud, drop acid and do painkillers. I assume you are asking because of sites like silkroad? I have ordered off silkroad once but I get the same quality bud from my dealer so i didn't go back.
I have used the Silkroad, but I'm a member of a couple of private forums that give me access to much better stuff for cheaper. Do you use PGP encryption when communicating with your customers? My business partner actually is the one who dealers with the customers, but he does use it.
Got it. As long as you get paid, you could give a shit about the problems you cause for people. So, have you been a sociopath all your life or is this more recent? Well really I am not directly causing a problem to anyone because I don't use my own software. If I wasn't doing it someone else would just step in. Besides my programs don't steal credit card information and the like so the only real damage would be adware and posible dos attacks originating from your computer.
So you sort of make the bomb and let other people detonate it? So then its not your fault? Not trying to be accusatory, just wondering. Yeah and by that logic the people that sell others guns are just as involved as the people that use guns to kill people. I know what I am doing is technically morally wrong, and I will stop within a few months once I can find a job again.
Ever considered joining the good side? Getting a job at a anitivirus firm and using your knowledge about making malware to create software to prevent it? I would imagine that a knowledge like yours would be very useful for a antivirus software firm :) I plan on getting into computer security. As a college student coding malware is really one of the only ways I can make good money programming.
How "good" is your work? Will an anti-virus like achieve stop you? How wide spread is it. No, most of my programs are completely undetected until I stop making updates to it.
I'd ask for proof, but then I think that'd be a really silly thing to do. Have you written malware that functions on Linux? Besides the not stealing credit card information, what are your other ethical lines? I don't actually use my own software so I guess if that counts as an ethical line... I don't write malware for anything besides windows as its the most used operating system. If more people used mac and linux there would be as many viruses for those as there are for windows.
Have you ever been infected with your own malware? Yeah when I was testing without a VM (stupidly). Luckily I know how to remove programs I write myself...
, thank you for doing this AMA. Secondly, for most us out there who have loaded out with AV software and things like NoScript and Adblocker and such tell me, what behaviors or kinds of outgoing connections should we look for on our routers or scanners that might indicate infection? Its better to look at the process thats sending the outgoing connection, if its located in something like application data and has a startup entry, its probably malware.
Could you give me some examples on how to check this? I am always trying to expand my knowledge of these matters. Well the best way I know how to do it is with code, if you are interested in that I could send it to you. Otherwise use wireshark and process explorer or something.
Is the Free Anti-Virus/Spywear called AVG actually any good? Or do Malware programmers know that ALOT of people all over the world have it so create the malware so AVG etc will not discover it? Cheers. Most people create malware to make it undetected. Unless something is in the wild for a while most AVs will not detect it if its professionally coded.
As far as providing, I'm not necessarily sure how the law would work there. I can say with decent certainty that you're breaking tax laws though, I strongly doubt you're claiming your sales as income. That being said, I don't think you're scum. I was in the same place as you when I was a kid, and I did it solely because I wanted to say I could. It was less about causing harm and more about trying to learn. It just so happens that things like malware, especially that which allows remote intrusion, is very interesting. I was also heavily involved in the piracy scene, and major busts in 2001-2002 caused me to back out of it entirely. You mention the FBI, any reason why that didn't "scare you straight" so to speak? They only wanted information on an aquantince, I didn't give anything out and lawyered up. It did scare me long enough to stop for a year and pick a new nickname online to go by and also buy some vpns to gain some extra anonymity online. I don't think people that don't understand technology much truly get why it would be interesting to do stuff like this. Learning how to do it is a huge part, selling it is only secondary.
Do dark side developers these days ever just fuck around and make malware that wipes hard drives and stuff for fun? Not since the early 90's have I come across a story of anyone's hard drive getting wiped due to a virus etc. Most people are just focused on the money now. Also the new windows operatings systems have much better security so you can't easily get the rights to wipe a drive anyway.
I've made a virus in college when we were studying the Network Security topic. The professor of course didn't want to try it but asked me to explain exactly what I did. Anyway, one of the girls in my class asked for the code to duplicate it, modify it a little and claim she did the homework as well. So I gave her the source code as a help and when she "Run" it in on her machine it ruined many applications. Question to OP, do you have any similar stories like this? TL;DR: my college friend was screwed by my virus, OP do you have similar stories? Haha when I first started writing code in windows xp i fucked up my friends computer enough to force him to reformat.
How long does the process of scripting, and then finding people to sell to take? I would imagine this kind of thing takes many hours if not days, and what kind of skills do you need to have to be a malware developer such as yourself? I answered this before, but usually about a month for something of high quality. Depends on how much time I spend on it though. To develop malware you need to be an experienced coder, with knowlege of windows apis, memory manipulation, and networking.
Do you write polymorphic code ? I do not write polymorphic code because it would take much longer to develop.
What other hiding techniques do you know/apply other then encryption ? By hiding what do you mean? Injecting into memory is a popular way to hide running applications.
How many lines of code is a typical malware program from you? 5000-10000.
Is the malware all selfcontained or do you use 3rd party libraries? I don't use 3rd party libraries to cut down on exe size.
What's your largest botnet? How many bots? Which software would you use for monitoring incoming/outgoing port data? What languages do you code in? Which do you recommend learning for the future? No problem. I haven't run a botnet in over 3 years, but i had one of 10k at a time. There are many good vpns, nvpn, vip72 etc, just find one that doesn't log. Use wireshark or commview to monitor connections and processes. The use process explorer to look at the suspicious process. I code in C/C++ now, I started with Delphi but you could start with Java or anything really.
Do you feel a slight guilt from making your money via questionable sources? And how have you not been tracked down? Sort of I guess, i do feel a little bad that people use my software to infect other peoples computers, but it is not directly meant to harm the computer and steal information. I haven't been tracked down because I do my best to remain anonymous online through either a vpn or proxy.
You're being asked to zombify Linux desktops. What is your point of entry and how do you make it stick around? I am not expert on Linux, but the best way I suppose would be via an exploit. Once you have root control you could install a rootkit.
Hello there, nice AMA ! :-) 1. You said how much money you get per program already, but is that price fixed, or depends from the abilities of the program each time ? 2. Do you get follow-up money for the updates, or when you sell the product you don't touch it again ? 3. What do you consider as your ? Is there anything you have done and leaves you with a big-fat smile on your face every time you are thinking of it, and say "damn, I'm awesome." ? Well it depends on the abilities of the program and how much time I put into it. I do make some money from updates but usually most of the money is made within the first month. My best work was a P2P Bot which I modeled after khamedlia p2p protocol. I never sold this but I was pretty happy I figured out how to do it.
Can you talk about yourself in the real life? Do you meet the image of a computer hackemalware developer(like a neckbeard), or are you socially adept and have friends? How do you handle transactions? Like, how do you not get scammed by people buying malware? I am not socially akward, I have somewhat of a social life and have a good amount of friends. I work with a friend who handles all the transactions and also does some programming work, I get paid through him. The software can be disabled when people scam.
How do disable it.Does the binary listen to for constant external connection so if people scam you,disable it and please PM me the links. It checks through a database to see if its a verified user or not. What do you want me to PM you?
Any reason why not Bitcoins? Not really, its just a preference thing.
You make about 30K USD per program? And it takes you about a month to write a program? How many buyers do you get per program? Is this like 1K licensing fee for each of 30 customers, or more like $100 for each of 300 customers? Its more like $100 each for 300 customers.
If I sit down to a computer that is likely infected (ie run by a noob who downloads everything and has six toolbars on IE) should I assume that it is unsafe to type any passwords, etc on it? I wouldn't recommend using an infected computer at all, there is no way of knowing what type(s) of malware is installed on that system.
I bet those paid virus protection guys(like norton etc) knock on ur door to make a malware thingy, and the give them the "cure" so they can be the fastest with an update against it?! This doesn't happen as far as I know.
Do you feel any guilt that you do something that adds no value to society? I mean, a crack dealer at least provides a service to people... They get high. How is getting a high a value to soceity?
THAT EXPLAINS EVERYTHING. LET ME GUESS YOU EAT BABIES TOO? Only toasted ones.
Are you independent -- not employed by or affiliated with some larger organization? Aren't you more afraid of your customers and competitors than of law enforcement? Do you use anonymity tech such as Tor or VPN to protect yourself from all of the above? Yes, I use a vpn constantly.
When you sell malware, are you selling the source code, or just the tools to deploy/control it? Just the compiled binaries.
So basically you make malware so companies make and sell softwares to protect against new ones and is a never ending but profitable cycle? Pretty much, not that it justifies using malware but it is true that anti-virus companies probably profit more than I do.
How do you sleep at night? With a temper pedic
"Don't bother calling me a scumbag because I geniunely don't care." There you have it, why the world is a mess. I didn't make a thead so people could call me morally corrupt. When I say I don't care, I meant that I don't care if you call me a scumbag or not. I do feel bad for the people that get infected with my malware, but it really does not cause that much harm to the computer. It is up to the person who installs it whether he steals information or damages the computer or not.
I'll tell you point 1: Delphi, because every lamescriptkiddieforums have tutorials on writing uberundetectablesupertrojan. In delphi, of course. Actually thats right, I started with Delphi because it was easy to learn with, but moved to C/C++ later.
Bots are the easiest to code, but it takes time depending on the amount of features and undetectability.
Reverse connection is just an easy way to control bots, bots connect back to a master client which can issue commands. I don't program bots like this anymore, but many people still buy this kind of stuff.
I get paid via wmz and LR which I can then transfer to my own bank account if I want.
I use chrome and my desktop wallpaper is just a bunch of rainbow colored smoke lol.
Reddit has this fail safe the if you type in your social security number it only displays asterisks. It does the same for email. Watch: ***-**-****, ******@**********.com. Heres my cell phone number: 202-456-1414.
I got into it from the cheating scene in video games. I just thought this sort of stuff was very interesting, it took me a while before I started selling it, I used to give it all out for free. I will PM you a few sites I don't want to post here. People asking for a site, try opensc.ws.
Last updated: 2012-04-13 02:31 UTC | Next update: 2012-04-13 03:31 UTC
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[Table] IamA Convicted Computer Hacker and Internet Criminal AMA!

Verified? (This bot cannot verify AMAs just yet)
Date: 2015-01-05
Link to submission (No self-text)
Questions Answers
1) Do you think that is good that anyone can know anything from anywhere at the world? Also, do you feel secure? As normal citizens living our normal lives, should we feel secure? 1) I do think this, but with certain constraints. Freedom of information is important, but personally identifying information is dangerous to have floating around. I feel relatively secure, but that's just me and it's within my own accepted parameters for security (right now, I'm not that concerned with privacy, for example, because I'm on probation anyway). Normal citizens should feel relatively secure. Use strong passwords and 2-factor authentication when available and you'll be safe from 99% of hackers. We really aren't that interested in you as an individual person.
2) Do have any word about the recent DDoS attacks on PSN and Live? Seems to be pretty simple to do, so why anyone can't stop it? (Ps: i know that DDoS isn't hacking and its far from that lol) 2) Like you say, It's easy to do. The only hard part is setting up a network capable of such a powerful attack. These guys probably weren't just hiring random kids on hackforums.net and were probably running their own botnet (or hiring a powerful one). You can stop most DDoS (google CloudFlare), but it's kind of like bulletproof armor: The tiny bullets will be stopped, but a tank shell won't be phased.
3) How is hacking, visually? Is it something near to CMD looking? Could you post an example? Haha. 3) It can be, yes. This is a picture of a common attack against home WiFi protection Link to s21.postimg.org
4) Since you talked about the black market: What is it, from the inside perspective? Have you seen some heavy shit like everyone talks? 4) Yes, there's some very heavy shit. Snuff (mostly free, though, contrary to common opinion), child porn, semtex explosives, drugs, etc. Absolutely anything you want is there. They people that tell you it's not haven't dug deep enough yet. I worked for someone selling stinger missiles once.
5) (Slightly offtopic) What do you think the World Wide Web will become in the future? Will it evolve from what is now? And how? 5) Definitely. The future will revolve around a WWW that is integrated more closely into our lives. Firstly mobile (we're seeing that now with our phones), and then through augmented reality and implanted devices. The internet is still a very young technology and it is incredibly exciting to think about what is to come.
What were some of the craziest jobs you had to to do? Quoting an earlier post of mine in response to a similar question: "I met a duke (with proof of such) who funded my operation; worked with the Russian mob (a more recent branch of the infamous RBN); and dealt with more than one arms dealer online in the past. I was a hacker, but I was also just an internet criminal doing middle man style shit, so not everyone I met was related to the hacking community. When I was very young I tried to set up a deal between some arms dealer and a Russian who offered to store the weapons. The deal didin't end up working (surprise, surprise) and I ended up having to explain why someone was watching our house to my parents for a week. I was a minor at the time so this was some incredible feat on their part and was obviously just meant to really scare me. It worked. Completely."
I've met incredibly sick and odd people. Let me just say that for anyone who disputes the existence of things like online arms dealers and snuff films, they are real. I was involved with stuff that went beyond hacking a lot of the time...hacking was more or less the gateway drug to the empire of organized cybercrime (god, I hate the word "cyber" lol).
As far as odd jobs go, I was hired to hack a porn site once and set up a drive by download that would install malware on visitors' computers. It wasn't that unusual a request, but the individual scenario was humorous in an immature way :P.
How do most hackers get caught? Does the gov't have uber-hackers of their own tracking you like in the movies, or do you get caught in some mundane fashion? What do you guys do to stay safe? The government seems to have such hackers according to recent reports (post 9/11), but most of us get caught in rather mundane ways. I wasn't even caught by the government at all, but rather a private security firm (RSA).
You mentioned you worked as a middle man. What does that mean exactly? Like how did you help that guy sell stingers? And what sort of jobs did the Russian mob have you do? What proportion of your jobs actually required hacking skills? Being a middle man in this sense really just means I orchestrated deals between parties that otherwise wouldn't have met--I had a fat address book to use a '90s metaphor. I helped stinger guy in the sense that I knew someone who was able to store the missiles and so I set up a deal between the two of them while taking a cut of profits. (Needless to say, it didn't work out in that case...) The Russians didn't really have me do jobs per se since I didn't work for them so much as with them. My primary environment has been Russian forums and groups and I was quite well known within those circles. The Russians, though, tend to be stereotypically, well, Russian even online: They're primary goal right now seems to be to hack their way into a monopoly in the carding world. It's amusing, but these guys do have some real power there which is a bit frightening. I'd say about 60% of my jobs required some hacking skills.
What are your thoughts regarding "social hacktivism" by folks such as those in Anonymous? It seems like there is some good done, but then also some harm. I'm usually all for hacktivism. I was active with Anonymous for a while, but that's not saying a lot since it's so decentralized. I've matured in my politics since my teenage years, but I've always leaned toward a more anarchist bent. In this day and age, hacktivism has its place. Stuff like this recent Sony hack though...that cross a line. If you want to deface a site, fine. Any IT admin worth his salt will fix that in ten minutes and your point will have been made. But threatening employees and families and wreaking havoc on the entire business? Not ok stuff, there.
Also, thoughts on the use of computer attacks (drone hacks, critical infrastructure hacking) in future warfare? And I'm thinking Die Hard 4 here... I think future warfare is scary shit, frankly. There will come a time in the very near future when we will be able to kill people with computers alone. As far as we know, this warning didn't come true, but the message is clear and only time will tell: Link to www.independent.co.uk
Huh! interesting perspective and article. I was all for the internet of things and for driver-less cars, etc. I am usually thrilled by the possibilities. However, it looks like hackers will be able to do some very scary stuff once IoE is more widespread. I concur, but I also am always for the advancement of technology. I love it and the internet of things and such is a bandwagon I've embrace completely! Check this out if you're worried about security: Link to www.bitdefender.com
Coming from a hacker, Bitdefender makes some of the best security software around, so it's worth its price in my opinion.
What do you think of the whole NSA deal? Did you already suspected it and took precautions? I did as did most of my ilk. We worked from very secure and radical systems that were often custom built. Our computers were custom sealed with thermite explosives that could be remotely detonated (thermite doesn't explode per se in these small quantities, but eats through and melts the computer components). We also rarely had operating systems installed and would work off of "live disks" such as Tails OS (or a live version of Kali for the real hacking side of things). This meant we could just remove a thumb drive and leave no trace on the computer.
Now days, stuff has quieted down for me since I've gone "legit," but I still take certain precautions: I use a Mac right now and File Vault is 100% on right now, for example haha.
You see things like Kali linux, are they actually worth the time using? Would it just be better to write your own programs instead of using somebody else'? I saw you mentioned learning low level languages, but should one start learning them? A lot of the "old guard" of hackers will say that hacking tools aren't worth it, but I disagree. If a sufficiently advanced tool has been written already, why bother to make another? Just don't rely on them for everything you need. So yes, I think Kali (previously, BackTrack) is incredibly useful.
Security is kind of my thing, I can work my way through locks and I am passionate about martial arts. I also still think that low-level languages like ASM are still useful and worth learning. Computers continue to get more advanced, but right now they're built like a cake: Every year we get a new layer but nothing at the bottom changes. Quantum computing will change this, but for now, low level stuff is still perfectly good to know. When I'm not writing my own tools and shopping for others the first thing I always ask is what language was it written in? If it was written in an assembly language, then it's a surefire buy.
I learnt ASM before C, still haven't learnt C++ yet. Although most of my coding is Python. Ah, then you're taking the route I did! haha, shouldn't be too hard to migrate into C++ for you then. I did everything backwards and ended up just fine.
1) What do you think the future of bitcoin will be? Bitcoin has set a standard. There hare literally hundreds of cryptocurrencies out there right now (many of which are far more secure than BTC). BTC is still too volatile to decide if it has a long lasting future or not, but I'm optimistic. If anything, its brethren will live on.
2) Is most or a lot of cybercrime transacted with bitcoin? Yes, most cybercrime these days is transacted using BTC or some other cryptocurrency (LTC, darkcoin, and shadowcoin are popular alternatives). Back when I was really active we did everything through Western Union, Liberty Reserve, or Webmoney and we all know what has happened to these currencies (although Russians still like their Webmoney for some incredibly stupid reason)...BTC and its ilk has made crime so much easier :)
Last updated: 2015-01-05 19:44 UTC | Next update: 2015-01-05 20:44 UTC
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