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Title: delete Post by: CoinHumper on July 25, 2014, 05:10:08 AM delete
Title: Re: delete Post by: El Dude on July 25, 2014, 05:25:11 AM where did she say that in a post ?
Title: Re: delete Post by: Viper1 on July 25, 2014, 05:32:20 AM where did she say that in a post ? https://bitcointalk.org/index.php?topic=522235.msg7998410#msg7998410 And a core member of Monero responded here https://bitcointalk.org/index.php?topic=522235.msg8007708#msg8007708 Title: Re: delete Post by: poornamelessme on July 25, 2014, 05:51:34 AM The MRO devs are showing a bit more intelligence than the Auroracoin devs did. We all know how that ended for AUR. Anyone have any idea by what he means that Bitjohn will determine the outcome? Actually if I recall correctly, the end result of that entire fiasco was that AUR fixed its security issues (gravity well related, if I remember right). What killed AUR had nothing at all to do with that flaw or forking, or anything like that. It was the entire airdrop model, which killed a lot of nation coins. Title: Re: delete Post by: Spoetnik on July 25, 2014, 06:51:17 AM airdrop LOL
every time i here that it make me laugh.. and i don't know what he meant by BitJohn (from Cryptsy) either.. i guess i could ask but i VERY rarely bother people with pm's or anything around here. i have always had a "don't ask questions" attitude from my older Piracy days being in a cracking scene group and hanging out with hackers etc when you spend all your time with people that are on the FBI's wanted list you don't pry for info lol and you also don't have to ask if your somebody.. doors materialize in front of you and open ! if you have to ask you prob don't deserve to know (whatever that may be) LOL there is always layers of subsets of people surrounding you online standing beside you face to face whether they chose to show themselves to you is the question.. You never know who the hell is around.. kid talkin' shit after school or 35 yr experienced FBI veteran investigator running a stake out for 3.5 years straight ? all i know is i butter my bread with butter 8) Title: Re: delete Post by: stealth923 on July 25, 2014, 07:23:12 AM Glad I didn't invest. Goes to show crypto note tech is still so new and has a long way to come before mainstream. There are probably heaps of other unidentified exploits. That and the bigger issue of bloat.
Title: Re: delete Post by: papa_lazzarou on July 25, 2014, 09:47:08 AM ... That and the bigger issue of bloat. There is no bloat: To add to Risto's general price analysis it has also been interesting watching the general network over the last few days. The hash rate dropped as low as ~9 m/h around 4-6 days ago and had been dwindling from the ATH of ~16 mh. Currently it is sitting at 14.3 m/h which is a nice ~50+% rise from the recent low, this is right in line with the increase in price and as price stays this level or increases we can expect the net hash to increase as well. I havent run any figures against profitabilty compared to other coins but I would imagine that it has become slightly more profitable to mine XMR at this point while the hash rate catches up (if it does). The blockchain bloat was a hot topic on IRC at the end of last week so I decided to start keeping exact blockchain size figures as the charts on monerochain.info can be misleading. I have been recording these at aroun 10:00 GMT and are as follows. 1,516,605 KB 13/7/14 1,544,024 KB 14/7/14 1,606,429 KB 15/7/14 1,628,828 KB 16/7/14 1,646,808 KB 17/7/14 As you can see the blockchain is growing at ~30 mb average a day which is fantastic news if you look back to how much bloat the dust transactions were causing on the chain so kudos to the core devs and pool devs for implementing those solutions. This current rate of growth is much more acceptable for the privacy afforded than the 10x the size of BTC's chain we were heading towards a month or two ago. And the team is working to store the blockchain in an embbed database: Monero Missives July 20th, 2014 Hello, and welcome to our seventh Monero Missive! Major Updates ... 3. A number of important and critical dev efforts are under way, most notably the embedded database work (to cut down on the RAM requirement), the daemonising work (to allow for a much more stable environment for exchanges, pools, merchants, and other automated systems), and the QoS work (to reduce and limit the bandwidth requirements). Technical updates on these are in the dev diary below. ... Dev Diary Blockchain: abstraction of the blockchain storage functions is basically complete, and the next step will be to start integrating LevelDB so that we have a baseline for our performance testing. A number of the key-value stores / embedded databases that we will be evaluating are forked from LevelDB, so it makes sense to start with that. This is moving out of "core" and into "blockchain" for categorisation going forward. The ongoing progress on this can be followed here: https://github.com/tewinget/bitmonero/tree/blockchain ... - updated by fluffypony See other details here: Monero Missives #7 (https://bitcointalk.org/index.php?topic=583449.msg7944353#msg7944353) Hasta! Title: Re: delete Post by: stealth923 on July 25, 2014, 12:57:08 PM You do realise that the number of transactions and users per day of Monero is MINIMAL (probably even less than 0.01% of bitcoin)- and even then the blockchain grows by 30mb a day and is already over 1.6gb for a 2 month old coin..insane
Now imagine if the number of transactions increased..you do the math. Title: Re: delete Post by: othe on July 25, 2014, 01:01:43 PM You do realise that the number of transactions and users per day of Monero is MINIMAL (probably even less than 0.01% of bitcoin)- and even then the blockchain grows by 30mb a day and is already over 1.6gb for a 2 month old coin..insane Now imagine if the number of transactions increased..you do the math. Thats non sense, the data in the blockchain is only 800 MB: http://monerochain.info/charts/bcsize The size is just a problem because of the way cryptonote currently stores the data using boost serialization in a big binary blob with tons of redundant stuff. Title: Re: delete Post by: Wulfcastle on July 25, 2014, 01:15:28 PM Title: Re: delete Post by: flipme on July 25, 2014, 01:49:22 PM You do realise that the number of transactions and users per day of Monero is MINIMAL (probably even less than 0.01% of bitcoin)- and even then the blockchain grows by 30mb a day and is already over 1.6gb for a 2 month old coin..insane Now imagine if the number of transactions increased..you do the math. Thats non sense, the data in the blockchain is only 800 MB: http://monerochain.info/charts/bcsize The size is just a problem because of the way cryptonote currently stores the data using boost serialization in a big binary blob with tons of redundant stuff. ONLY 800 MB. It almost doubled in one month, double it baby. A bit more traffic and you'll have to nurse a monster. Monero is such a hype shit coin. If the bloat is so easy to fix, why don't you just go ahead and do it? And the wallet situation... Title: Re: delete Post by: othe on July 25, 2014, 02:03:00 PM Reading your post you are a darkcoin holder, i think we can stop the discussion than as it has already been outlined x times.
You guys prefer to pay 10k usd for a masternode and monthly servercosts but we just buy a 1tb hdd for 40 bucks for the next 10 years, or wait my smartphone sd card has even enough space to store it for the next years, ill just use that one. And for the Wallet, feel free to use the QT Wallet or the Wallet from Jojokatek. PS1: It doubled because of a poolproblem which is long fixed. PS2: For everyone more technically inclined heres a great post by andytoshi: http://bitcoin.stackexchange.com/questions/29471/is-there-any-true-anonymous-cryptocurrencies Title: Re: delete Post by: flipme on July 25, 2014, 02:17:20 PM OK, you really convinced me.
Now lets see what BCX comes up with. Title: Re: delete Post by: uvt9 on July 25, 2014, 02:28:55 PM Meh, i don't care what he said ? Why would i have to believe a Maxcoin bag holder ?
Title: Re: delete Post by: flipme on July 25, 2014, 02:42:51 PM Meh, i don't care what he said ? Why would i have to believe a Maxcoin bag holder ? He's perceived here for taking care of business. Title: Re: delete Post by: ihuntbtc on July 25, 2014, 03:39:30 PM MRO? I dont know.
XMR? All good. Title: Re: delete Post by: GTO911 on July 25, 2014, 04:17:40 PM we just buy a 1tb hdd for 40 bucks for the next 10 years Absolute horseshit, let me tell you - NOBODY will download a 100 GB blockchain to use a currency. What about countries where internet speeds are not very high? Title: Re: delete Post by: fluffypony on July 25, 2014, 04:24:10 PM we just buy a 1tb hdd for 40 bucks for the next 10 years Absolute horseshit, let me tell you - NOBODY will download a 100 GB blockchain to use a currency. What about countries where internet speeds are not very high? What do you think happens in those countries with Bitcoin's current 20gb blockchain? Web wallets, SPV-style wallets, off-chain services, etc. etc. Title: Re: delete Post by: stealth923 on July 25, 2014, 10:41:56 PM we just buy a 1tb hdd for 40 bucks for the next 10 years Absolute horseshit, let me tell you - NOBODY will download a 100 GB blockchain to use a currency. What about countries where internet speeds are not very high? What do you think happens in those countries with Bitcoin's current 20gb blockchain? Web wallets, SPV-style wallets, off-chain services, etc. etc. And web wallets etc promotes centralization. Everyone will depend on a minor few for the blockchain. DDoS it and watch the coin die. The Monero bloat is fine for now when you have like 100 users. For mainstream, the cryptonote tech isn't anywhere close to being a viable solution. Title: Re: delete Post by: fluffypony on July 25, 2014, 11:02:34 PM Monero is a different league to bloat. We are talking 100+gb in a very short timeframe. Long term 5+ years even worse And web wallets etc promotes centralization. Everyone will depend on a minor few for the blockchain. DDoS it and watch the coin die. The Monero bloat is fine for now when you have like 100 users. For mainstream, the cryptonote tech isn't anywhere close to being a viable solution. You're conflating - web wallets do not promote centralisation in and of themselves. Satoshi even theorised that there would be a reduction in the number of full nodes, and for convenience sake SPV would become more popular. At any rate, even if there were only a few non-mining full nodes it would largely be irrelevant - centralisation is only a concern on the mining side, hence the 51% pool problem that has plagued Bitcoin. I'm quite unsure as to why you're talking about "mainstream". We have alpha-level software that requires some comfort with the command line to operate. We keep saying this, but everyone keeps talking about "adoption" and "mainstream use". We're solving fundamental, extremely low-level problems, and well after they are solved we can consider "adoption" and "mainstream use". Thankfully, Bitcoin is also pretty impossible for "mainstream" use, so it's probably a good idea to either clearly define "mainstream" or get off the merry-go-round. At any rate, let me make this as clear as mud to everyone: Monero is far from ready for general consumption. We don't need to be reminded of that, since we're the ones saying it! Of course, usability is a long-term goal, and finding a solution to "bloat" (such as it is) falls squarely in the "usability" camp. Title: Re: delete Post by: stealth923 on July 26, 2014, 01:55:06 AM At any rate, let me make this as clear as mud to everyone: Monero is far from ready for general consumption. We don't need to be reminded of that, since we're the ones saying it! Of course, usability is a long-term goal, and finding a solution to "bloat" (such as it is) falls squarely in the "usability" camp. I am glad you are grounded enough to understand the position Monero is in. I think the pockets of the Monero community however is different as they rush to make blanket statements which infer Monero is somehow already leagues above all other coins whilst turning a blind eye to the core issues that stand in the way of adoption. Title: Re: delete Post by: CoinRocka on July 26, 2014, 02:12:38 AM At any rate, let me make this as clear as mud to everyone: Monero is far from ready for general consumption. We don't need to be reminded of that, since we're the ones saying it! Of course, usability is a long-term goal, and finding a solution to "bloat" (such as it is) falls squarely in the "usability" camp. I am glad you are grounded enough to understand the position Monero is in. I think the pockets of the Monero community however is different as they rush to make blanket statements which infer Monero is somehow already leagues above all other coins whilst turning a blind eye to the core issues that stand in the way of adoption. No, most "investors" simply see the Monero fundamentals are sound. Title: Re: delete Post by: Brilliantrocket on July 26, 2014, 02:20:08 AM At any rate, let me make this as clear as mud to everyone: Monero is far from ready for general consumption. We don't need to be reminded of that, since we're the ones saying it! Of course, usability is a long-term goal, and finding a solution to "bloat" (such as it is) falls squarely in the "usability" camp. I am glad you are grounded enough to understand the position Monero is in. I think the pockets of the Monero community however is different as they rush to make blanket statements which infer Monero is somehow already leagues above all other coins whilst turning a blind eye to the core issues that stand in the way of adoption. No, most "investors" simply see the Monero fundamentals are sound. Title: Re: delete Post by: alani123 on July 26, 2014, 02:29:00 AM https://i.imgur.com/XmiSRct.gif
Once again we shall thank BCX. Seriously though, is there something special about monero? I saw Cryptonote having a bottun in their page "create your own cryptonote currency" or something similar. If monero could be attacked could it be that all other cryptonote copycats are vulnerable as well? I feel like history is repeating itself. After litecoin, we had hundreds of coins that had simply fork the code. Some of them had some "new features" but those were so badly developed that later discovered vulnerabilities forced them to hardfork. Making them go down in value and causing thousands of people to lose their money. I really hope that BCX is not joking around this time. We should maybe be thankfull about what he's doing this time. Because if you don't see what the devs of this coin are trying to do, then you might deserve to get burned. Trying to perserve a feeling of comfort and telling everyone that there's a bright future... BULLSHIT, no one is going to the moon. Especially not monero. A copycat that bases it's value to previously existing innovation. I thaught that I'd might never say that but this time I'm with BCX's side. Title: Re: delete Post by: stealth923 on July 26, 2014, 02:44:24 AM At any rate, let me make this as clear as mud to everyone: Monero is far from ready for general consumption. We don't need to be reminded of that, since we're the ones saying it! Of course, usability is a long-term goal, and finding a solution to "bloat" (such as it is) falls squarely in the "usability" camp. I am glad you are grounded enough to understand the position Monero is in. I think the pockets of the Monero community however is different as they rush to make blanket statements which infer Monero is somehow already leagues above all other coins whilst turning a blind eye to the core issues that stand in the way of adoption. No, most "investors" simply see the Monero fundamentals are sound. No - read what was discussed above, Monero fundamentals are NOT sound with its current issues. The issues are large and at this current time put a halt to any adoption what so ever. Title: Re: delete Post by: ArticMine on July 26, 2014, 04:53:41 AM Monero is a different league to bloat. We are talking 100+gb in a very short timeframe. Long term 5+ years even worse And web wallets etc promotes centralization. Everyone will depend on a minor few for the blockchain. DDoS it and watch the coin die. The Monero bloat is fine for now when you have like 100 users. For mainstream, the cryptonote tech isn't anywhere close to being a viable solution. You're conflating - web wallets do not promote centralisation in and of themselves. Satoshi even theorised that there would be a reduction in the number of full nodes, and for convenience sake SPV would become more popular. At any rate, even if there were only a few non-mining full nodes it would largely be irrelevant - centralisation is only a concern on the mining side, hence the 51% pool problem that has plagued Bitcoin. I'm quite unsure as to why you're talking about "mainstream". We have alpha-level software that requires some comfort with the command line to operate. We keep saying this, but everyone keeps talking about "adoption" and "mainstream use". We're solving fundamental, extremely low-level problems, and well after they are solved we can consider "adoption" and "mainstream use". Thankfully, Bitcoin is also pretty impossible for "mainstream" use, so it's probably a good idea to either clearly define "mainstream" or get off the merry-go-round. At any rate, let me make this as clear as mud to everyone: Monero is far from ready for general consumption. We don't need to be reminded of that, since we're the ones saying it! Of course, usability is a long-term goal, and finding a solution to "bloat" (such as it is) falls squarely in the "usability" camp. I am going to mention this thread https://bitcointalk.org/index.php?topic=709970.0 (https://bitcointalk.org/index.php?topic=709970.0) because these issues also as well apply to Monero. The difference with Bitcoin is that I am on the opposite side of the argument here. We need to reduce the growth of the blocksize, rather than allow for its increase as is the case for Bitcoin. For this reason I am making the same suggestion here as I did in the above thread; namely to in addition require an increase in difficulty in order to allow for an increase in blocksize. So an increase in blocksize or the use of the fee penalty rule is only permissible if the difficulty is higher than the median difficulty of the last N blocks. Title: Re: delete Post by: fluffypony on July 26, 2014, 08:31:12 AM What I find funny is that none of the MRO devs are attacking bcx the same way they did others that spoke of these issues. Is that because bcx will kill MRO dead if they do? If I were you guys I would try and figure out what Cryptsy has to do with bcx sudden interest in Monero. I find that to be an interesting connection, anyone else? We've already pointed out that the difficulty flaw he found is incorrect (https://bitcointalk.org/index.php?topic=522235.msg8021629#msg8021629) (until demonstrably proven otherwise), and the blockchain "bloat" attack is something that we are aware of and are monitoring. Any coin with sufficiently low value (ie. new) is susceptible to a bloat attack until it becomes too expensive to do so. BCX does not have some magical power to "kill MRO dead". We have not "attacked" anyone who "spoke of these issues" in the past (although I certainly can get snappy when an argument becomes circuitous). Nobody has ever raised an issue with the difficulty retarget algorithm (because there is none that anyone has demonstrably found), and the general issue of blockchain bloat (inasmuch as the blockchain is linearly larger than Bitcoin's) has been discussed at length and various solutions / non-solutions suggested. Again: it's something we are going to solve, but it will not be something we solve right now. I'm just curious what bcx meant by "bitjohn will determine the outcome". What does Cryptsy have to do with this and what is their connection to bcx? I have dealt with BigVern quite a bit, and so I asked him about it directly. He spoke to BitJohn, who said the following: Quote [7/25/14, 12:59:43 PM] Bit John: hmmm not me lol [7/25/14, 1:00:29 PM] Bit John: Only thing I could see being remotely close to the monreo "quote" would be me saying do to its API that being cryptonotes its harder for us to integrate like other coins [7/25/14, 1:01:10 PM] Bit John: But I did see BCX talking about attacking it Any conclusions drawn from this is an exercise best left to the reader. Title: Re: delete Post by: smooth on July 26, 2014, 08:53:17 AM You do realise that the number of transactions and users per day of Monero is MINIMAL (probably even less than 0.01% of bitcoin) The true ratio is closer to 3% Because it has happened so fast people do not understand how Monero has eclipsed 99% of altcoins. It is now #3 or #4 in terms of exchange volume. Blockchain volume ranking is probably comparable. http://www.coingecko.com/ Title: Re: delete Post by: stealth923 on July 26, 2014, 01:06:32 PM You do realise that the number of transactions and users per day of Monero is MINIMAL (probably even less than 0.01% of bitcoin) The true ratio is closer to 3% Because it has happened so fast people do not understand how Monero has eclipsed 99% of altcoins. It is now #3 or #4 in terms of exchange volume. Blockchain volume ranking is probably comparable. http://www.coingecko.com/ Exchange volume is not a blockchain transaction. The number of transactions occurring on the Monero blockchain per day compared to bitcoin is minuscule. Title: Re: delete Post by: fluffypony on July 26, 2014, 03:00:33 PM You do realise that the number of transactions and users per day of Monero is MINIMAL (probably even less than 0.01% of bitcoin) The true ratio is closer to 3% Because it has happened so fast people do not understand how Monero has eclipsed 99% of altcoins. It is now #3 or #4 in terms of exchange volume. Blockchain volume ranking is probably comparable. http://www.coingecko.com/ Exchange volume is not a blockchain transaction. The number of transactions occurring on the Monero blockchain per day compared to bitcoin is minuscule. smooth isn't an idiot. Those are two separate points he's making and they are unrelated, you're conflating them: 1. Monero's average daily transactions (http://monerochain.info/charts/transactions) are currently at around 3.3% of Bitcoin's average daily transactions (https://blockchain.info/charts/n-transactions). 2. Monero is consistently in the top 10 coins by exchange volume (often 3rd or 4th). CoinGecko gives a nice overview of liquidity, or Coinmarketcap -> sort by volume is also a good indicator. Exchange volume is very variable, of course. Title: Re: delete Post by: Brilliantrocket on July 26, 2014, 04:21:39 PM You do realise that the number of transactions and users per day of Monero is MINIMAL (probably even less than 0.01% of bitcoin) The true ratio is closer to 3% Because it has happened so fast people do not understand how Monero has eclipsed 99% of altcoins. It is now #3 or #4 in terms of exchange volume. Blockchain volume ranking is probably comparable. http://www.coingecko.com/ Exchange volume is not a blockchain transaction. The number of transactions occurring on the Monero blockchain per day compared to bitcoin is minuscule. smooth isn't an idiot. Those are two separate points he's making and they are unrelated, you're conflating them: 1. Monero's average daily transactions (http://monerochain.info/charts/transactions) are currently at around 3.3% of Bitcoin's average daily transactions (https://blockchain.info/charts/n-transactions). 2. Monero is consistently in the top 10 coins by exchange volume (often 3rd or 4th). CoinGecko gives a nice overview of liquidity, or Coinmarketcap -> sort by volume is also a good indicator. Exchange volume is very variable, of course. Title: Re: delete Post by: fluffypony on July 26, 2014, 05:10:32 PM 300 mb a day at Bitcoin volumes? Holy shit, it's worse than I thought. I'd say the project's success or failure hinges nearly 100% on your ability to reduce bloat. Anonymint said it won't happen, but it'll be fun to watch you guys squirm and writhe as you try. I'm still open to making an investment in Monero, it all depends on whether you guys are useless or not. We aren't squirming or writhing, we're merely rolling our eyes at those constantly returning to eat their own vomit on the topic. It gets tiresome. It took Bitcoin 5.5 years to reach those transaction volumes, and loads of merchant adoption. I'm confident we will have solved the "problem", or it will be shown to be a non-issue, long before we reach the middle of 2019. Until then, there are far more important things for us to focus on than rush out a compromise that "solves" the issue but has the nasty side-effect of compromising privacy. If we do solve this it will be a collective effort from us and some terribly clever people, and it will be a verifiably cryptographically sound method that does not reduce the anonymity set. Title: Re: delete Post by: canonsburg on July 26, 2014, 07:33:00 PM The hashrate of Monero did *mysteriously* rise from the mid 14MH/s to over 19MH/s and the price didn't even rise to warrant the rise in hashrate so someone out there must be doing something.
Title: Re: delete Post by: fluffypony on July 26, 2014, 07:51:40 PM The hashrate of Monero did *mysteriously* rise from the mid 14MH/s to over 19MH/s and the price didn't even rise to warrant the rise in hashrate so someone out there must be doing something. That happened 2 weeks ago. Could've been a botnet, but there were improvements to tsiv's ccminer fork + fixes to Claymore's AMD miner etc. that could equally be responsible for it. A "mysterious" rise would be for it to double up in an hour. Title: Re: delete Post by: smooth on July 26, 2014, 07:58:05 PM The hashrate of Monero did *mysteriously* rise from the mid 14MH/s to over 19MH/s and the price didn't even rise to warrant the rise in hashrate so someone out there must be doing something. That happened 2 weeks ago. Could've been a botnet, but there were improvements to tsiv's ccminer fork + fixes to Claymore's AMD miner etc. that could equally be responsible for it. A "mysterious" rise would be for it to double up in an hour. Some of the changes in the reported hash rate are just random. The hash rate can't be measured directly it is just inferred from how fast the network is solving blocks, but that is a random process with significant estimation error. Title: Re: delete Post by: smooth on July 26, 2014, 08:12:28 PM You do realise that the number of transactions and users per day of Monero is MINIMAL (probably even less than 0.01% of bitcoin) The true ratio is closer to 3% Because it has happened so fast people do not understand how Monero has eclipsed 99% of altcoins. It is now #3 or #4 in terms of exchange volume. Blockchain volume ranking is probably comparable. http://www.coingecko.com/ Exchange volume is not a blockchain transaction. The number of transactions occurring on the Monero blockchain per day compared to bitcoin is minuscule. smooth isn't an idiot. Those are two separate points he's making and they are unrelated, you're conflating them: 1. Monero's average daily transactions (http://monerochain.info/charts/transactions) are currently at around 3.3% of Bitcoin's average daily transactions (https://blockchain.info/charts/n-transactions). 2. Monero is consistently in the top 10 coins by exchange volume (often 3rd or 4th). CoinGecko gives a nice overview of liquidity, or Coinmarketcap -> sort by volume is also a good indicator. Exchange volume is very variable, of course. More specifically I was making the point that the growth in activity (both exchange and blockchain) has been extremely fast, perhaps unprecedented. The easy assumption to make is that because Monero is only 3 months old, the volume of transactions on the blockchain must be miniscule. That is false, if you agree that 3% of bitcoin is not minuscule of course (it is certianly not 0.01% of bitcoin). Arguably bitcoin volumes are minuscule compared to Visa or bank transfers. This false assumption matters a lot because people look at the blockchain size or growth rate and infer that blockchain bloat relative to bitcoin is orders of magnitude when in fact it is a small (<10) constant factor. Title: Re: delete Post by: Joshuar on July 26, 2014, 08:33:52 PM Let me clarify a few things since I consider myself an expert on BCX LOL. 1) I never called or have I determined Monero to be a shitcoin. I clearly stated in my first post in another thread "that I had a few PM's asking me to *look at a shitcoin called Monero*" 2) I have never said I was going to attack it. 3) I am clearly in an evaluation mode and I am adding machines and rigs to it daily. 4) I am actually working on a solution to the diff exploit on my own as I do not play well in groups. I will share the code with TT if I am successful. The bloat issue is trivial, the devs could fix it tomorrow if they wanted. 5) Fluffy is correct, I do not possess magical powers. What I do posses is the ability conjecture up staggering amounts of cpu hashrate on demand, very large amounts of gpu and asic hashrates (I realize asics are useless here), a large network of like minded people, skill and more btc than I will ever spend as I was cpu mining Bitcoin pre GPU mining. This gives me the ability to bring enormous amounts of hash rate or traffic to any chain, pool or site I choose to. Some incorrectly accuse me of doing so maliciously ??? 6) Like a lot of the devs I have proven wrong time and time over, Fluffy and TT are incorrect about needing 51% to TW a chain. I nailed Auroracoin to the cross with ~20%. At this moment in time it would take me ~22 days to do so. It took me 12 days for AUR. 7) I think MRO has potential and more importantly Bitjohn has indicated to me that Cryptsy will implement MRO as soon as the technical situation is worked out. So mine and buy up people Crypto is evolving. Hope that answers any questions. ~BCX~ Thank you for clarifying. Most people on this forum hate change, especially when that change, Monero, brings something truly, a fair emission rate/distribution, and promising technology that outbeats the coin they're holding. Title: Re: delete Post by: Johnny Mnemonic on July 26, 2014, 11:29:52 PM You do realise that the number of transactions and users per day of Monero is MINIMAL (probably even less than 0.01% of bitcoin) I'll assume you're just misinformed and not maliciously spreading false information. Title: Re: delete Post by: dewdeded on July 27, 2014, 02:08:48 PM It's pretty funny that some people really think "BCX" is some kind of expert or an respected authority, like Maxwell, Back or Atlas.
He is just an random poster with an abnormal bad history of failures during his "audit work" or whatever he is calling this scammy act, he is performing on this board. Just click on his profiles and open the threads he started. His success speaks for itself. ;) It's well established, that he is an (advanced) con artist and not IT or crypto-currency expert of any kind. He earns from blackmailing projects (coins, exchanges and pools) and socializing donations. Title: Re: delete Post by: Skinnkavaj on July 27, 2014, 05:07:17 PM BCX replied he liked the coin and will mine it. I like that. He does in fact have a lot of hashing power I am sure.
Title: Re: delete Post by: Zer0Sum on July 27, 2014, 06:49:11 PM You do realise that the number of transactions and users per day of Monero is MINIMAL (probably even less than 0.01% of bitcoin) The true ratio is closer to 3% Because it has happened so fast people do not understand how Monero has eclipsed 99% of altcoins. It is now #3 or #4 in terms of exchange volume. Blockchain volume ranking is probably comparable. http://www.coingecko.com/ Well, Bittrex has chosen BC to replace LTC as it's liquidity coin... And the lagging and struggling Polo has chosen command line coin XMR as it's liquidity coin. IF one wears blinders and views it as a race between BC and XMR... (With LTC stagnating and become a very well-secured store of value)... BC is light-years ahead of XMR in every way that matters to actual human beings... Speed, liquidity, Dev team, PR, MultiPool, rolling out Gen 2.0 features... Maybe XMR will have the crime level anon advantage it can split with DRK if a wallet ever happens. These are both total darkhorses that came out of nowhere... But if you spend an hour or two studying the 2 ecosystems... (And ignore 1,000,000,000,000 posts of spam by Monero Truthers... Which reminds me of the endless HUBRIS on display in last year's Ripple fiasco)... And see the collapse of BBR which is a much better CNote than XMR... BC leaves XMR in the dust. So far. PS. It's great to see BCX no longer "out of the country"... and back on the street. Title: Re: delete Post by: rethink-your-strategy on July 27, 2014, 06:55:36 PM BC leaves XMR in the dust. So far. http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins#blackcoin Title: Re: delete Post by: Johnny Mnemonic on July 28, 2014, 01:17:00 AM BC leaves XMR in the dust. So far. Yet BC (with all its polish) already trades at a much lower volume than XMR. Pretty sad considering XMR doesn't even have a GUI yet. I guess that just shows how much those "Gen 2.0" features are really worth. Title: Re: delete Post by: illodin on July 28, 2014, 01:27:57 AM BC leaves XMR in the dust. So far. Yet BC (with all its polish) already trades at a much lower volume than XMR. Pretty sad considering XMR doesn't even have a GUI yet. I guess that just shows how much those "Gen 2.0" features are really worth. One reason XMR trade volume is higher could be that it's actually safer to keep your XMR's on an exchange than withdrawing them to a wallet. BlackCoiners keep their coins in their wallets staking and securing the network. Title: Re: delete Post by: Johnny Mnemonic on July 28, 2014, 01:46:48 AM BC leaves XMR in the dust. So far. Yet BC (with all its polish) already trades at a much lower volume than XMR. Pretty sad considering XMR doesn't even have a GUI yet. I guess that just shows how much those "Gen 2.0" features are really worth. One reason XMR trade volume is higher could be that it's actually safer to keep your XMR's on an exchange than withdrawing them to a wallet. BlackCoiners keep their coins in their wallets staking and securing the network. What?! Please explain why it's safer to keep your XMR on an exchange rather than your own wallet. Title: Re: delete Post by: hodlmybtc on July 28, 2014, 01:51:00 AM BC leaves XMR in the dust. So far. Yet BC (with all its polish) already trades at a much lower volume than XMR. Pretty sad considering XMR doesn't even have a GUI yet. I guess that just shows how much those "Gen 2.0" features are really worth. One reason XMR trade volume is higher could be that it's actually safer to keep your XMR's on an exchange than withdrawing them to a wallet. BlackCoiners keep their coins in their wallets staking and securing the network. What a bullshit argument, first of all it isn't safer to keep your XMR on an exchange because there are no problems with the wallet. Also keeping XMR on an exchange doesn't increase trade volume, or do your coins automatically trade when you keep them on an exchange? Along with the instamine investigation posted by rethink-your-strategy, Poloniex replacing their LTC markets with XMR markets and XMR's higher volume even when there isn't an official GUI wallet yet and the coin being newer it's pretty obvious which coin will come out on top. Title: Re: delete Post by: djarot on July 28, 2014, 01:45:02 PM I was tracking this and i'm pleased by XMR resilience to be honest, it has proven itself somewhat.. to the point that (i hope) there will be less criticism for criticism's sake and more discussion of stuff which is interesting for all! ;)
Title: Re: delete Post by: cassius69 on July 28, 2014, 02:06:15 PM You do realise that the number of transactions and users per day of Monero is MINIMAL (probably even less than 0.01% of bitcoin) The true ratio is closer to 3% Because it has happened so fast people do not understand how Monero has eclipsed 99% of altcoins. It is now #3 or #4 in terms of exchange volume. Blockchain volume ranking is probably comparable. http://www.coingecko.com/ Well, Bittrex has chosen BC to replace LTC as it's liquidity coin... And the lagging and struggling Polo has chosen command line coin XMR as it's liquidity coin. IF one wears blinders and views it as a race between BC and XMR... (With LTC stagnating and become a very well-secured store of value)... BC is light-years ahead of XMR in every way that matters to actual human beings... Speed, liquidity, Dev team, PR, MultiPool, rolling out Gen 2.0 features... Maybe XMR will have the crime level anon advantage it can split with DRK if a wallet ever happens. These are both total darkhorses that came out of nowhere... But if you spend an hour or two studying the 2 ecosystems... (And ignore 1,000,000,000,000 posts of spam by Monero Truthers... Which reminds me of the endless HUBRIS on display in last year's Ripple fiasco)... And see the collapse of BBR which is a much better CNote than XMR... BC leaves XMR in the dust. So far. PS. It's great to see BCX no longer "out of the country"... and back on the street. just so you know...bittrex-bill told people in chat this was a 'short term experiment' because blackcoin people begged. they either supply real volume of the experiment goes bye-bye quick. their ltc markets never had any volume either. Title: Re: delete Post by: bingopoint on August 02, 2014, 03:33:44 PM Monero has no alphabet problem. This problem was invented by the BTC scams so you shouldn't trust them.
Title: Re: delete Post by: jabo38 on August 02, 2014, 03:55:44 PM Even with BCX's explaining (thanks by the way), I'm still a bit worried. I think anonymity is a very important thing, but all these latest anon coins just seemed to be plagued with one issue after another.
I'm still waiting for something better. Title: Re: delete Post by: dompsairs on August 02, 2014, 04:13:39 PM why do they keep changing the tag?
Title: Re: delete Post by: aminorex on August 02, 2014, 05:36:31 PM why do they keep changing the tag? You may be referring to the BMR -> MRO -> XMR evolution. The first change was early consensus of the community: The project was renamed from bitmonero to monero, on semantic grounds. The second change was for ISO compliance, so that in future XMR can interoperate with FX platforms with less disruption. Title: Re: delete Post by: fluffypony on August 02, 2014, 07:48:16 PM why do they keep changing the tag? BCX is BitcoinExpress, not the Monero ticker symbol:) It's still XMR. Title: Re: delete Post by: Achile$ on August 03, 2014, 04:34:21 AM Alphabet problem was created by scams and "whistleblowers" so it is not exist. XMR is perfect.
Title: Re: delete Post by: coinamigo on August 03, 2014, 04:51:41 AM Alphabet problem was created by scams and "whistleblowers" so it is not exist. XMR is perfect. True! The all arguments about this problem are fakes! |
