cute
Cute
Adding these threads to my program which maps biz to create the "Altcoin Seethe Index". Currently nearing an ATH.
another haircomb token thread?
>24030114
i think it is!
what is your favorite feature of haircomb the quantum proof token on the bitcoin chain?
i like the liquidity stack system
liquidity stacks are pretty based, it's slick how many different use cases they enable.
cant wait until the GUI lets people mess around with deciders
im thinking a lot of use cases people think need tokens actually dont if you use haircomb deciders to do bitcoin contracts
CUTE AF
deciders aren't truly atomic (the decider person can lose the key) this would mean any funds in all contracts that are bound to that key will be lost
I think some kind of time locked deciders could be developed in the future.
But comb trade contracts are still superior to exchange having your funds in custody.
I'm still confused whether haircomb can have a totally on chain bitcoin exchange or not
or whether users would need to download the whole block to use that
how much needs a local bitcoin node versus what could be done with a mini client
someone mention multiple colors of comb tokens being possible at once
would that be possible or not? or would they just be forks
Cute
If there are trusted decider people who will gain reputation from deciding their contracts properly and without train wrecks then that's a dex.
You don't even need one trusted decider person ( you can change them each trade) or use multiple decider persons for portions of one trade.
a decider person really is just a bot who signs once both parties seen each other's proof
most of times the decider person does not even need to know the traded amount.
downloading full chain is required for full trustless operation. if you don't need that, might as well use commits.db file from another person (preferably from person who would not gain by providing you a fake file)
mini client will be used when people start using centralized haircomb wallets (shared wallets)
used to hate It now I find It cute
>mini client will be used when people start using centralized haircomb wallets (shared wallets)
how likely is that though
my gut feeling with haircomb is that is the most exciting thing going right now but its best use cases are either for high value transfers or cumulatively high value things like exchanges with tens of thousands if not millions of users
unless someone already major in bitcoin feels really brave, i have a hard time believing someone will take the risk with haircomb. esp cos you need to send the whole wallet fill every time you do a multi transfer
i want to believe. i want to believe hair is more than just a high value crypto ingot miners will stack
well I don't think a fork is possible on haircomb. you can't really multi sign due to replay attack risk people will just replay random commitments from one forked chain to the other causing any double signer's funds be randomly at risk of being destroyed
well maybe only if one side of the fork changed the whitepaper. But at that moment it would be clear which one is the fake coin.
i have no idea what the fuck any of you are saying
...
ok i get it now
one of my big concerns early on was the possibility of fake transactions swamping real ones. its obvious that fakes wouldnt look like real funds but i didnt know enough to understand how the signing would be totally sure it was seeing real comb information and not whatever the equivalent of spam would be, if that makes any sense?
still feels like a proper wallet exchange is a long way off
do you think lightning network would make comb payments, the ones to 21 btc addresses, cheaper and easier for traditional crypto exchanges?
cool post OP
i want more people to claim because the whole thing will be a harder sell if 95% of supply is locked up by miners or people with no interest in doing anything that would add to liquidity
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The most crucial thing for haircomb will be shared wallets I think.
Essentially the wallet provider will generate one stealth address for every user.
Then, the user can generate more stealth addresses from his stealth address if he wants to stay user.
So pretty much millions of people can have their own coin in their own on chain addresses.
The haircomb key will be known to the operator. The operator will rotate the wallet to a new key say every hour or every day and pay out to a massive liquidity stack (batched with all the destinations the users paid to during that hour/day)
Slow and Steady :^)
How do I trust the provider? I get the principle but seeing it spelled out like that makes it sound even riskier than pre Mt Gox bitcoin exchange
would moving to a generated stealth address protect me?
also a KYC nightmare to anyone who tries a centralized version of that
Please, tell us what do you think about this review: y2u be MpGuS4KKYeU
run into baseprotocol.org, sounds legit and useful, Uniswap cooperation, Liquidity pools, Cascade platform with yield opportunities but still hard to decide, invest in it or wait for release
of course the operator can rug pull everyone and walk away with all the money.
But not everyone is at this risk. Remember liquidity stacks? There is an awesome trick.
Turns out shared wallet user can withdraw money and deposit them back (using a liquidity stack).
So the haircombs will be inside a back loop pointing back to the same shared wallet. But the operator has no way to know that without knowing the secret number from the missing liquidity stack entry.
So essentially shared wallet operator can not rugpull users who use this trick to safeguard their funds.
This trick does not require any additional on chain-information other than the 21 addresses funded each routine shared wallet rotation done by the operator
holy shit i had no idea about the trick
i don't trust the word of an user but that is actually incredible if you're not just shitposting
who the fuck made haircomb anyway and why did they release something like that as a puzzle meme
thanks for the crumbs knowledgeable comber
hm
could a malicious actor fuck up a shared wallet by making multiple accounts with the shared wallet and withdrawing different increments from each and never returning the right amount so everyone is fucked if the scheduled hourly refresh can't happen if all the funds are not exactly correct?
in addition if i accidentally put more into the stack than i took out, wouldn't my funds be lost? eg if i drew out 1 and put back 1.1 would the extra 0.1 get eaten and neither me nor the provider could have it?
the trick is like this:
1. you have funds inside a shared wallet say 0.01 COMB. (this means operator sees the money too)
2. you generate your new depositing address X using their site.
3. you manually calculate liquidity stack entry that redirects the money to address X and 0 coins to a true random number. Suppose the stack address is L. Store the random number carefully.
4. you submit a request to withdraw 0.01 COMB to L
5. the operator performs the rotation and the coins now inside L
6. The operator and you see 0 COMB on their site.
...after a year,...
7. you submit a coin history proof that the withdrawal to L was in fact a deposit to the same provider
8. enjoy your 0.01 COMB which could not be stolen by the operator for the duration of that 1 year
Came across baseprotocol.org, wanna know your opinion.
Is it true that this is modern solutions for Cascade yield platform? They cooperate with Uniswap and provided liquidity pools. Seems worthy
natasha is a smart lady
it does make more sense once you start thinking of a liquidity stack as a one way street or a pump and not regular crypto wallet
someone is going to have to focus group to make all this jargon free for end users i think. i remember back in the old days people were always saying "how are people supposed to know what a transaction id or a block is?"
still need a better ticker!
shared wallet wont get rekt due to user because before processing each withdrawal they will require the proof that the user have at least that many funds.
If anything shared wallet will be trainwrecked by operator who fucks up the rotation
there is a different version from the rug-proof trick,
user can withdraw into a comb trade contract that deposits to two places:
1. back to the same wallet provider
2. to user personal wallet.
Now if the shared wallet gets rugged the user simply decides the funds into their personal wallet. But this version of the trick requires on chain interaction.
why the fuck is none of this information available any where
i dont want to have to keep working shit out myself until miners take all my precious claims away aahh
im casting my comb wallet in bronze and putting it in a vault at the bottom of a well
pull this rug mr
all haircomb discussion that isnt copypasta happens in a telegram group full of math phds and ultra mega whale ahhh just tell me how to make funds safu i'm never spending