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I doubt it just have a look at how it measures up to the supposed shit coin Shadowcash(SDC).
No wonder XMR fan boys wage a smear campaign on it this chart sort of speaks for its self! now go check the price difference  ::)

https://i.imgur.com/E3Vho9b.png

Ok that picture speaks volumes about Shadowcoin. So why is their development team not working hard to get it accepted in the darknet market place? Instead of comparing it to the others why not do the hard work and try to make it a winner.

I think it would be rather foolish of the Developers to do this, they are best not to risk imprisonment, but nothing stoping supporters requesting their nominated DM to accept us, the wallet is working and ready to go for some time, would love to see this personally, but i know our Development team personally would stay out of it completly.

So your development team only builds the coin and then leave it to the users to market it and get merchants to accept it? That may be is how bitcoin made its success but it is hardly going to work in this time and day. It is now a different time and the coin itself should prove to be more to attain success. It also should have a group that manipulates the crowd and more importantly for some also the price. This may be hard for you to accept but I speculate that the bitcoin insiders and supporters might have undergone some manipulative tactics to attain the coin's success.

I never said we would not market it.
what is the need to market to a centralised market when we build a decentralised platform that combines Tor/i2p,encrypted end to end chat/group chat, optional anonymous transactions as well as traceable transactions and a decentralised market? there is no need for us to market towards them, we are going to replace them.
all this will also be available on mobile thats a game changer!

I would say that the only thing that is of any importance here, is multisig.  All the rest is not a coin's business.  The coin = the block chain protocol.  Whether you can chat, have graphical interfaces, an Apple implementation, commercial applications, network technology etc... ON TOP or NEXT to it is not the coin's business, and has nothing to do with the soundness of the protocol.

What matters for a coin is the protocol, and its privacy and economic consequences.  Can it be asic mined, can one track a succession of transactions on the block chain, are there ways to do more than simple transactions (multisig for instance), smart contracts, are there hard limits like block size, what is the coin emission model, ...

But chatting, networking, and other fancy stuff can always be done *independently* of the basic coin protocol.  So it doesn't matter.

But multisig is essential.

Well, I find that the purest form of immutability, honestly.  The code is there, once and for all, implementing the white paper protocol.  One can of course always implement bug corrections, and efficiency improvements, but ideally, once the protocol is correctly implemented, that should be it, and there shouldn't be any "dev team" hanging around, having some moral high ground to break immutability by "improving" the protocol (and hence change it).

So monero should of just remained a pure byte coin clone and not made any improvements as they have(small)?

A Monero cryptographer broke SDC, maybe you should return the favor or STFU.

They had the same bug but it never went to main net.
ours did but we fixed it in like a day, mind you we have less financial support then XMR and a smaller dev team, we also built the ring signatures from scratch, first of it's kind on bitcoin base!
So in my opinion since we have less funding smaller dev team and we built from scratch unlike XMR who cloned bytecoin overlooking the bug was excusable and thats why i continued to support the project.
The bug is now old news so unless you can find another please keep your fowl language to yourself little boy.

Like bad cryptography, acronyms, can be spun into something they're not by chimerical minds--so take the same skill set you applied to SDC's sloppy handling of ring signatures and apply it to the F in STFU.

You make no sense, run along and play before you hyperventilate and pass out.

So...who likes my chart  :o wow much green :o

https://i.imgur.com/E3Vho9b.png

I don't make sense? You're the one shilling a shitcoin, but have "XMR the next bitcoin?" as the thread's title. Marketing by comparison doesn't work by comparing your competition to the market leader first. But I'm sure you know that putting SDC in the title is a quick road to Nowheresville ;p

well get the fuck out of my thread then i don't remember inviting you shit for brains.

until now never altcoin replace and take over position bitcoin
all altcoin need bitcoin to exchange in fiat money

requirement altcoin to replace and take over bitcoin
must all exchanger accepted monero pair fiat mone, same with bitcoin

No coin will take Bitcoins IMO It will become the reserve currency of cryptographic currencies, digital gold and other more user friendly crypto currencies will be used for online shopping,day to day transactions etc.

Monero is an experiment in anonymity transactions.  It is part of monero culture to have regular hard forks.  So monero is not a true "block chain" yet, but tries out anon technology.  As a currency, that's more than good enough, because currencies have only to keep value relatively short term.  
The nice thing about monero evolution is that it are hard forks, so if you want to, you can always keep the old chain alive if you want to.
But yes, if one day, the monero team decided to quit, at that point, monero would become a genuine block chain with an immutable protocol.  For the moment, I guess that improving anon tech is more important than immutability in the long run.  This is also why I wouldn't like the market cap of monero to go too high, and the recent rise can be problematic.  Hopefully, monero's market cap goes down somewhat, for it not to interfere with the development and evolution.
On the other hand, in order to really be used as a currency, it needs to have SOME appreciable market cap, in order to support sufficient transactions of value.
Crypto has to be tested real-world.  Hopefully the FBI tries to crack it.  If it survives, that's good news for crypto.  If it breaks, better find out now and mitigate (or give up).

I agree with all that +1 interesting and insightful points this is all just an experiment, i believe BTC is too big now and thats why it will take a back seat eventually as a reserve currency as more efficent tech arrises or it could die altogether because POW isn't viable longterm with the cost of mining IMO but it's still possible that a coin like Monero Or Shadowcash couldn't catch a Niche market and hold it even a small percentage of DM transactions going into  either coins instead of only Bitcoin could have dramatic effects on price.
That means there is plenty of room for more then one to be successful, but, i see the death of Centralised markets in the near future they are unsustainable, they can be dismantled internally or externally quickly, and people can lose money to easily or worse.
So i lean towards SDC grabbing a larger % quicker then XMR in the long run because decentralised markets will replace centralised and Shadow is building the best.

Who should trust a coin that did not do its crypthography right the first time... who says you don´t fuck up some critical stuff in the decentral market too? And also saying that Monero "had this bug" to is a comparison like in the kindergarten... you said it yourself NOT ON THE MAINNET! ... what you think a testnet is for?

You forgot the following box:

- Crypto has been broken by another coin's developer (SDC check) ----> which implies your first item for SDC is false as it has been de-anonymized by Shen Noether.

- Accepted in DNMs (XMR check)

Thats what peer review are for let it speak for it's self we are in the process of organising one with a credible peer reviewer it is expensive this is why it has taken longer then usual and these peer reviews will be ongoing as new features are added other wise what would be the point of one peer review when we will be constantly updating things as funding permits.

Your chart is a sales pitch and is not 100% factual nor transparent. Love how you conveniently leave out SDC being broken and likely de-anonymizing its users/txs in the process.

But keep selling us on SDC...  :)

Neither of those things fit into this chart, This chart is clearly Available features of the nominated projects, neither a past patched bug, or Acceptance to a few centralized markets, count as features.

Neither of those things fit into this chart, This chart is clearly Available features of the nominated projects, neither a past patched bug, or Acceptance to a few centralized markets, count as features.

Can you tell us if you bought SDC at a very high price and want it to go back higher?

I'm a bitch so I have both of these coin so it doesn't matter to me now. I don't even know whether SDC says everything on their graphic illustration.
but since they're very much confident about what they've come up i guess they are telling the truth. Some day someone from the DM will prefer using SDC and will recommend it to the users there. that could be me maybe. :)

but then let me grab a bucket of popcorn for everyone.  ;D

Sounds like a bribe i bought at 5k sat &  Welcome to Ignore

That's like saying you want to do a comparison of features but ignore the foundation of what you are selling stands on (proven, tested, vetted crypto).

Seems kind of pointless.

Typical..

1. Make biased/unfounded claims
2. get called out on those claims
3. instead of addressing those claims directly, you run away or find a reason to run away

In fact, the use as a currency (and ONLY as a currency) has amazingly little effect on market cap.  Bitcoin is WAY WAY WAY too high to be driven by "currency demand".
When using Fisher's formula, you essentially have that the market cap of a currency equals the yearly value transacted as currency (the size of its market), divided by the number of times a currency unit changed hands during a year as a currency.

For instance, if on average, a currency unit is kept 2 weeks between obtaining it (in a trade) and spending it (in another trade: pure currency use, no hodling, no speculation, just an intermediate good between the first and the second trade), then this is a factor of 24.

So if the market cap of that currency is, say 100 million $, then it supported a 2.4 billion dollar per year market.

If the trades are much faster, say, 1 day between obtaining the currency (say, on an exchange against fiat) and buying something with it on DM, then this factor rises to 365.  That means that with a 100 million $ market cap of the currency, you can handle a 36.5 billion dollar per year market.

In the extreme limit, if you think of bitcoin and you wait only 6 blocks between getting it, and spending it, that amounts to 1 hour of "keeping the coin", then our factor in Fisher's formula becomes 8760.  A currency market cap of 100 million $ can then sustain a market of 876 billion dollars a year.   That is more than the GDP of some of the smaller European countries.

So depending on the "hold time" of a currency, you do not need huge market caps to sustain a large market.

In principle, with bitcoin's market cap, you could sustain a 87 trillion $ market, which is of the order of the world GDP.... except that bitcoin can't because of the block size limit.

Yeah the large market caps are all driven by speculation but that seams to work, many coins with almost no adoption sustain large market caps in crypto the price of everything is measured in belief and confidence in it's future value or ability to hold it's value into the future, that applies to bitcoin, etherum USD or Gold

Its funny that you morons are still pushing that we deanonymized shadow bullshit.

Your anonymous kid cryptographer found the bug in your own codebase.  This bug came from the same cryptonote whitepaper that both projects were working off.  A few days after he fixed the bug in Moneros code he wrote that public blog. 

Its all documented here: https://decentralize.today/monero-had-the-same-bug-as-shadow-33a86ddeac2e#.sjo6i1y7j


You morons are a bunch of dicks for how you handled that situation and it shows that the poisoned community is led from the top.

Please explain what is not factual in the chart.

And if you want to bring up sdc be broken then great, this is a perfect example how amateurish your cryptographer is.  Can how explain how your leadership group are not a bunch of jerks.

RingCT was on test net (or in pre-testnet phase) when "the bug" was "found". I'm not aware of any bug in RingCT...are you talking about Ring Signatures in monero?

SDC was on mainnet and in the public usage when the bug in SDC was discovered.

Kind of hard to compare the two.

Shen released his findings publicly. If he wanted he could have kept it to himself and probably wreaked havoc on SDC. Your viewpoint is that of a butthurt supporter. SDC should be thankful that Shen found the bug and did not keep it a secret and made it public knowledge so it could be addressed.


Monero didn't release broken shit, SDC did...are monero supporters still morons because of this?

Or are we all adults here and can drop the name calling like kids did back in grade school?  ;)

I've already explained it. Feel free to sling personal attacks on myself, I don't really get offended easily.

But perhaps you could tone down the name calling of others and act like an adult? Thanks.

Shen found the bug in YOUR version of ringCT

Fixed the bug

Then wrote that public blog about shadow

The facts are clear.  This whole thing just proves how unprofessional you guys are.  And if i am coming across a bit angry well then maybe I am getting sick of all the crap that gets thrown at shadow from you morons.

Great, you quoted that atrocious public blog.

Here is the full story
https://decentralize.today/monero-had-the-same-bug-as-shadow-33a86ddeac2e#.c91evr2ss

Good luck defending the actions of your cryptographer. 

+1 Rusty the way it was handled was very unprofessional, i would of thanked him personally for bringing the bug to our attention, That was after all the intention behind the bug bounty... But his conduct and the propaganda that has been spewed about it since is just disgusting to say the least.

Just because you link to something, doesn't make it "fact".

Yeah he found a bug in RingCT...which was not even live on a public network, then found examples of it in SDC and ended up breaking your project.

How is that a bad thing? He made the bug public so SDC devs could fix it...

please explain that logic. Being butthurt because someone found that your project is broken and publicly announces it...

Such a bad thing... omg lol  :)

Yes announcing a fatal flaw of a cryptocoin publicly so SDC developers could fix it, ...such an "unprofessional" way to do it.

Perhaps Shen should have kept the bug private and deanonymized your chain later when it had more users/investments?

Would that have been better?

 ::)

The facts are in the article.  There is nothing non-factual in it, and if there is I am happy to change it.

It comes as no surprise to me that you dont get the point of the article and dont understand what professionalism is.

This is the wild west of crypto...there is no such thing as professionalism.

Only your opinion of professionalism in a tiny box.

You obviously do not want to address the fact that Shen did SDC a favor in publicly announcing the exploit, which is the right thing to do.

To compare RingCT bug with SDC's bug, is a broken comparison.

RingCT was not live (nor was it public) on testnet/mainnet, SDC was live on mainnet when it was broken.

Again I ask, should Shen have kept his finding private and not told the public? Would that have been better?

Yes, he did do us a favor in the end and I have said that here before.

But that does not excuse the way he handled the situation and the way you guys tried to take full advantage of a bug that was also found in your own code.  Just because you guys found it first doesn't mean the shadow devs wouldn't have found it themselves a few days later and we will never know that.

 :(

Your gratitude always seems to come with a "but"

Where exactly did you state that Shen did you folks a favor prior to this ^ comment above?

Obviously you have more complaints than thank you's

I will just leave you with that as this discussion has run its course and my points have been made crystal clear for all to see.

Yes everything is crystal clear to me.

Monero is unprofessional
Monero has no features that shadow doesn't have
Monero is no more anonymous than Shadow
Shadow has many more features that Monero

Whats also interesting from

https://bitcointalk.org/index.php?topic=1361131.0;all

is this reply from smooth:

February 17, 2016, 06:13:29 AM
Reply with quote  #84
Quote from: RyanOlstren on February 17, 2016, 05:18:32 AM
So on a scale of complete dumbass to blithering idiots, how badly did the SDC team fuck this up?

"1. The bug itself was an error that any very amateur cryptographer could make (that would include me) if they were foolish enough to try to implement this without any sort of help or review from a competent cryptographer or mathematician (that would not include me). That still foolish, but perhaps understandable given limited resources and a mandate to implement the promised features anyway.

2. The "SDC Deanonymized? Nope" blog post was an epic and complete fail on the level of blithering idiots who are also complete dumbasses. That includes the claim of not being able to reproduce the flaw in 10 hours of trying. I'm not sure I believe they even tried, or which would be worse."

Yeah sounds like Smooth, charming fellow, Bug was mathematical error and was tiny, it was so minor it was overlooked, that's why it went unnoticed for so long, senders and receivers were still protect by stealth addresses and barely anybody was using the coin at the time, so we really weren't Deanonymized nd nobody was at risk  :D this is just silly bitcoin had a bug, monero had a bug etherum has a new bug every week nobody seams to care, that they have large market caps, but for some reason there is a huge problem with shadow having a bug in the past.
could be wrong but the reason people are making such a big deal about the bug is probably this.
vv
https://i.imgur.com/E3Vho9b.png

possibly this?

https://cdn-images-1.medium.com/max/1200/1*KttFKS_tel6YuhGReMv9kw.png

https://cdn-images-1.medium.com/max/1200/1*6YpBLI1ba0Xjz2qZ6F-1pg.png

lol, like bringing smooths opinion into the argument is going to help. Smooth is one of the adults that led your kid cryptographer astray

Its all documented here: https://decentralize.today/monero-had-the-same-bug-as-shadow-33a86ddeac2e#.sjo6i1y7j

If it was an error that any amateur cryptographer could make then they did it themselves also

+1  ;) Great article mate.

I dont really want to think of it like bitcoin. I am scared that bad spirits may come and take it away from me. I just let it be at its way now. Just investing until the time it will be known.

What surprises me is that after monero guys announced the bug... the bug in question was fixed with bounty paid. Xmr guys keep saying even now that shadowcash is presently broken when they know it's currently not. So the security of the code should no longer be questioned. That aside, shadowcash devs work is evident. While they are at it, why not make it look really nice and buttery smooth. The potential is definitely there.

This has to be a joke...? Shadowcash isn't even in the competition for anonymous cryptocurrencies.

The only currencies that are in the running are Monero(XMR), and I hate to say it, but Dash. Shadowcash is a joke, just like oompaloompa coin

Why is Monero or even Dash in the race?

@darkota You can't see the forest for the trees. It's ok to be biased and silly, but to say that sdc isn't even an anonymous cryptocoin competitor is asinine. You guys have a great thing going, no doubt... but keep looking in your rearview mirror because shadow is there and creeping up while your still saying it's not happening.

Having the entire SDC blockchain de-anonymized is not a great start to promoting a privacy-based crypto coin.

Just because the SDC devs say they "fixed" their code, how can one be sure unless a peer review or audit of the code by a neutral (unbiased) 3rd party that is reputable does the inspection?

Of course the SDC developers are going to say "All is good" in the SDC source code, by publicly releasing their code on mainnet they essentially said "all is good" prior to the fatal exploit was found by Shen N.

How can one expect to garner confidence in devs who allowed a fatal exploit that de-anonymizes their entire blockchain?

I guess there is a sucker born every minute, as the saying goes...that's how.

Your argument goes for any crypto including Monero. How is Monero exempt from everything? We know that the fatal bug was identified and also fixed by Monero devs. Are we to trust that all is well now? People are giving the devs the benefit of the doubt. So to say sdc is still broke or untrustworthy is bogus... it's no more broke than Monero after you guys fixed the same exact fatal flaw. May the best crypto win.

So true,
and not like someone who promotes his Physical Monero Coins could be a bit biased ;)

Upcoming Monero Hard Fork Lays Foundation For Complete Anonymity

Over the past few weeks, there has been a significant interest in Monero. Not only did the alternative currency gain significant value in recent weeks, but it also got accepted on various darknet markets. The developers have announced a hard fork, which will bring several changes to the ecosystem.

The Monero hard fork will go into effect on September 21st. Users and miners will need to update their clients on that date – or close to it at last – to ensure they are compatible with the changes. Although there is no spectacular change, there will be some exciting additions to the codebase.

Monero network blocks will enforce coinbase transactions to be split into new denominations. Doing so will prevent unmixable inputs from being created.  To put this into layman’s terms: everyone who is mining Monero will be able to remain completely...

Link (http://www.newsbtc.com/2016/09/19/upcoming-monero-hard-fork-lays-foundation-complete-anonymity/)

OHH so XMR wasn't already fully anon please tell me more, Hows that GUI coming?

And whats this? OP https://bitcointalk.org/index.php?topic=755840.0

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FXk2n7J3.png&t=568&c=Wmb0q8KiSZOvJg

Obviously I can be biased, but I am also not ignorant to the facts. Calling a spade a spade, isn't being bias, it is being realistic without whining and crying on the forum because someone who broke the SDC project and announced it publicly and did the right thing.

Wow such a bad thing to sell/promote things on the interwebz...oh noes, I must be a bad bad person because I would consider doing such a thing.  ::)

Your still ignored smoothie no idea what your buzzing about mate.

As I mentioned in some other thread no other coin challenges Bitcoin in any serious or meaningful way than Monero after ETH messed up.

Two more very important features:

- RingCT - invented by Dr. Shen, the math boss who broke Shadowcash (XMR check)

- LMDB - implemented and optimized by hyc, the DB guru who invented it (XMR check)

No doubt of that Bitcoin to me is the official reserve currency of crypto It's market cap will continue steady growth, and a select amount of alternative currencies will also have success, ones with use.
But nothing is going to have a bigger market cap then BTC i believe.

No comment on RingCT?

No comment on LMDB?

Based on that, I guess you are just a script kiddie moonchild.

Everybody knows where SDC got the ring signatures because they were first to build it on Bitcoin base, they built it from scratch unlike MNR who purely cloned it, and they still don't even have a GUI!

One last one to add to the list once it is finished/tested:

Kovri (I2P router)  8)

More importantly... the TOPIC.

Or ? a debate on which ANON coin is better ?

Lets review..
We have various teams here of groups of bag holders pushing their own separate coin.
That is the real context here.
That taints and colors all the discussions drastically.

So if i can try and join in here with what you are ACTUALLY talking about right now..
Does the fact that some of you are claiming Monero's ANON tech is sub-par
really affect the ability of it to "become the next bitcoin" ?

Shouldn't the discussion be steered towards more like my "Why Anon Coins will not work" topic ?
Where the feature itself was debated on being good or bad.

Or is this topic so full of competing anon coin shill groups you are side stepping that glaring omission ?

No offense to any of your projects guys but i don't see ANY coin being ANON featured based
as being able to beat Bitcoin or rival it in the slightest.
And so far.. this has not happened either.
So debating on which ANON coin is better seems utterly pointless to me  :D

But hey.. have at 'er.
You 20 guys can as always loiter around here 24/7 all year round bickering over the attention of the 100 greedy teens hoping to make money off what ever one is most popular at Poloniex.

Have fun with the High School Crypto Popularity battle Investards.
Just realize kidiots that ADULTS with LARGE AMOUNTS OF MONEY are playing you like a violin.
Imagine having a few million to throw around then imagine you with your 2 or 3 BTC's on Bittrex.
Who controls what now ?

It looks really dope for me, the price is getting huge.
But we probably won't see the phenomenon of btc- it was first crypto, bear in mind because people won't get over-excited about it,
like it was with bitcoins.

So you don't know the difference between plain vanilla ring signatures and RingCT.

RingCT, FYI, not only hides both the sender/recipient but the amount of the transaction as well.

Still no comment on LMDB?

lol get gud noob   :D

That is like saying if a new coin comes along that is a revolutionary innovation over Bitcoin the price will not increase much and people will not get too excited etc.

I call bullshit !

The problem staring you all in the face is Monero (or any ANON coin made *so far*)
Is not good enough to dethrone Bitcoin.. hence the luke warm reaction from the Altcoin scene.

Truth is here guys if we did see a clear cut winner we would in fact see an explosion of interest.
Prime Coin comes to mind.. it exploded in popularity when it came out way back.
But later we all seen the tech-gimmick/feature it has was not as useful as we first perceived.

I see excuse makers.
One that has been popping up a lot lately is "Bitcoin is the first coin"
There may be some truth to that but when you guys keep saying it defending Monero etc it comes across as bullshit.

Better is better.
If a new coin comes along that is better it WILL make a big stink.
Regardless of Bitcoin being the first.

People made new phones all the time like the Motorola RAZER etc
They would make *some* changes then roll out another model..
Getting a mediocre luke warm reaction from the public.
THEN ?
Touch Screen based Phones came out like the iPhone then Android etc.

Bitcoin is the Moto RAZER
We have not seen the iPHONE yet !

And Monero and it's tiring ANON gimmick is not Android  ::)

can replace and take over bitcoin
in the first number one crypto coin
must follow requirement, the big community, the big volume trancaction , and all exchanger support trade monero

and easy to exchange fiat money

+1 Any one who thinks any coin will have a larger market cap then the king BTC is mistaken, But 2nd is prime for the picking ETH is a mess.

It is not about market cap.  It is about usage as a currency to be free.

One more!

- dynamic block size - market based (XMR check)

Monero broke past 0.018 now.

Yeah can't imagine what SDC price will do with that type of volume soon.

Dreaming is always nice, but waking up to reality may be sobering.

What was that mate your still on ignore, next time think before trying to bribe someone of higher morality such as myself.

LOL says he is ignoring me but yet posts about it in this thread.

Class act!

Not sure though what he is talking about concerning bribing.

Maybe he heard something in the trollbox and uses that as evidence/fact.  :P

lol.... :D XMR don't have even official GUI after 2 years and you want to be top :D

I know madness isn't it.
It is madness to try and compete with Bitcoin, where ETH succeeded was it went for a niche market that Bitcoin hadn't taken advantage of yet.
As Bitcoin tries to conform with government regulations to gain more mainstream recognition and that is a must for crypto, It must drift away from it's original purpose.
That's where Shadowcash and the Umbra platform it runs on could really find success

What will you say once it has a gui?

It is the top anon/privacy coin thus far.

YES, indeed, crazy right... even without a GUI XMR is already a top-performing coin... Can't imagine what will happen once it hase a GUI!!!!


Why? SDC's code was mathematically broken and transactions could be deanonimyzed, it still isn't peerreviewed, so who knows what else might break... They switched from pow to pos after about 2 weeks (smells like scam, no?). Then a few weeks ago they used a countdown clock to create hype and surf the XMR-anonimity-wave (countdown clocks are the oldest tricks in the book) and whenever SDC tries to promote itself it starts of by attacking XMR and other 'anon-coins' which is pathetic all by itself...

but I know, I know,

"There a sucker born every minute" ~ P.T. Barnum

So I guess SDC won't implode right away...

best regards,

XMR is botnet was almost like that for past 6+ months, only thieves that hack and steal hashing power from CPU and abuse their workplace to have free CPU power were holding 80% of XMR network

Its shame those kind of assholes have full control, they are the ones investing and pumping this crap with $$$ so they can earn even more overloding network with botnets

Thanks for reminding me.

- ASIC neutralizing proof of work - (XMR check)

How hilarious that people whine about ASICs *AND* also whine about botnets, in the case of PoW for which no ASIC exists!   :D

Some people don't understand the concept of tradeoffs and how tradeoffs effect technology--these are the same idiots who don't get why speed increases usually add to data limits and data decreases usually result in decreased security, but I guess botnets has a nice scare-appeal, "WOOOO! Bot-Nets!"

So reb0rn21, how do you propose any coin to be ASIC resistant and not be botnetable?

Why is a proposal needed ?

YOU NEED TO MAKE A COIN AND POST IT AT BITCOINTALK

That is "the need"

If a fundamental problem is discovered then maybe the coin should NOT be made ?

Problem is.. what would you trade on Poloniex for profits with your own inside track though ?
You would have to resort trading DASH or Litecoin or Doge etc HAHAHHAHAHHAHA

Blah blah blah i wanna be SATOSHI !!!1111ONE

Answer to your question ?
You tell me ..you are the ones who ripped of Satoshi's block chain concept for your own coin project.
So the onus is on you alone to fix that problem now isn't it ?

Can't ?
Then don't put out another fucking shitcoin.
Pretty simple huh ?

To early to call XMR the next bitcoin. It does have potential but better to wait and see how things will turn out into. You can use it to diversify your Crypto holdings. I expect XMR to make some gains for it's holders.

XMR has too many hard forks to be another Bitcoin  :P

bitcoin has too little to be bitcoin  ;)

I dont believe there will be any currency which could be called New Bitcoin, everybody can try :)

lol true  :)

It's trying to better,trying to be the next #1 that is pushing this movement forward.
Unfortunately in the most part for the wrong reasons but there is a few projects staying true to the original vision of built by the people for the people.
In the end it will remain #1 but it has a lot of growth yet and many projects can succeed with BTC  in the future but a lot more will die off completely.