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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: monero-extended on September 27, 2014, 12:10:28 AM



Title: [XMR] Moderated Monero General Discussion Thread
Post by: monero-extended on September 27, 2014, 12:10:28 AM
This thread is for discussions related to Monero. It will be moderated by various persons, presently Anon136 (https://bitcointalk.org/index.php?action=profile;u=3028).

If you are a troll or fudster don’t bother posting here, your post will be deleted. To all others, welcome. If I see a reply that I just deleted quoted than I'm going to that reply also.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: David Latapie on September 27, 2014, 12:26:22 AM
F___t (my turn :))

Seriously, I just re-created the moderated general thread for scalability reasons. When I proposed that the ANN (https://bitcointalk.org/index.php?topic=583449) would have a dedicated account, I expected it would be useful and it actually proved to be beyond imagination. For obvious reasons, I created this thread with "monero-extended" and not "monero". Anon136 has the password so he will moderate if he agrees to do so.

blaaaaacksuit, xulescu, statdude, Anon136, pa, smooth, Mumbles, Nekomata, PestoQuinty, generalizethis, iourzzz, Bassica, ×, feel free to repost your old posts here.

I'll conclude with one of my favourite quote, from The Cathedral and the Bazaar:
Quote
When you lose interest in a program, your last duty to it is to hand it off to a competent successor.
So, Anon136, don't forget to find a successor when you'll be tired!


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: generalizethis on September 27, 2014, 01:49:58 AM
For the immediate funding needs, can an early GUI be offered to donors for a test-run?

For long-term funding, can the mix-in include a percentage fee to the devs?

And thank you for creating a Troll free zone. If I ever see the name Surplus Bob on here, I'll, I'll...thank him for helping me get discounted Monero  ;D


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: David Latapie on September 27, 2014, 02:23:19 AM
For the immediate funding needs, can an early GUI be offered to donors for a test-run?

For long-term funding, can the mix-in include a percentage fee to the devs?

And thank you for creating a Troll free zone. If I ever see the name Surplus Bob on here, I'll, I'll...thank him for helping me get discounted Monero  ;D
Unfortunately, the early GUI is not possible. This is not a puzzle where you can appreciate half of the picture if you only have half of the pieces. When the GUI will be usable, it would be 90% complete.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: monero-extended on September 27, 2014, 03:27:55 AM
Hi everybody.

https://i.imgur.com/iajgpIi.jpg

This is anon136. I guess I'll be moderating this thread for a little while. Since we are having such a problem with trolling and fud elsewhere ill probably be leaning more towards the over zealous side so please don't be too offended if I delete your post and you didn't intend to spam. With that said i want critics to feel welcome here. I will not be deleting posts simply because you have a criticism of monero so long as your posts are tactful, don't contain any logical fallacies, rhetorical trickery or sophism in general and do contain at least one argument of legitimate substance.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: monero-extended on September 27, 2014, 03:29:32 AM
Quote
Quote
When you lose interest in a program, your last duty to it is to hand it off to a competent successor.
So, Anon136, don't forget to find a successor when you'll be tired!

Understood.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: NewLiberty on September 27, 2014, 06:14:43 AM
For the immediate funding needs, can an early GUI be offered to donors for a test-run?

For long-term funding, can the mix-in include a percentage fee to the devs?

And thank you for creating a Troll free zone. If I ever see the name Surplus Bob on here, I'll, I'll...thank him for helping me get discounted Monero  ;D

For immediate funding, donation and MEW membership are useful mechanisms, and encouraging others for this would help also.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rpietila on September 27, 2014, 09:53:33 AM
Hi! I read the whole thread and the air is so clear here  :)


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: sparky999 on September 27, 2014, 10:08:45 AM
For the immediate funding needs, can an early GUI be offered to donors for a test-run?

For long-term funding, can the mix-in include a percentage fee to the devs?

And thank you for creating a Troll free zone. If I ever see the name Surplus Bob on here, I'll, I'll...thank him for helping me get discounted Monero  ;D
Unfortunately, the early GUI is not possible. This is not a puzzle where you can appreciate half of the picture if you only have half of the pieces. When the GUI will be usable, it would be 90% complete.

Do we have a ballpark timeline for release?

Weeks? Months? more like a year?


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: oda.krell on September 27, 2014, 10:31:13 AM
Hey

Same remark that I made initially in the moderated speculation thread: I'm skeptical of moderated threads, but I do understand the need for them in the hostile environment that can be the alt section (or, any section of this forum actually).

Hope the current mod is going easy on the moderation (i.e. if in doubt, don't delete), and that critical posts and questions aren't deleted without good reason.

That said, obvious FUD, or just plain uninformative troll posts: nuke 'em :D


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: generalizethis on September 27, 2014, 10:51:26 AM
For the immediate funding needs, can an early GUI be offered to donors for a test-run?

For long-term funding, can the mix-in include a percentage fee to the devs?

And thank you for creating a Troll free zone. If I ever see the name Surplus Bob on here, I'll, I'll...thank him for helping me get discounted Monero  ;D

For immediate funding, donation and MEW membership are useful mechanisms, and encouraging others for this would help also.

https://i.imgur.com/lPPyQjm.jpg?1

Picture is of a Tucker 48. A car that was more advanced than anything being produced in Detroit at the time. The Big Three automakers made sure to use every means possible to make sure there wasn't a Tucker 49. There wasn't.  :-[ Great movie on the subject: Tucker, a Man and His Dream.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: TooDumbForBitcoin on September 27, 2014, 10:57:47 AM
For the immediate funding needs, can an early GUI be offered to donors for a test-run?

For long-term funding, can the mix-in include a percentage fee to the devs?

And thank you for creating a Troll free zone. If I ever see the name Surplus Bob on here, I'll, I'll...thank him for helping me get discounted Monero  ;D

For immediate funding, donation and MEW membership are useful mechanisms, and encouraging others for this would help also.

https://i.imgur.com/lPPyQjm.jpg?1

Picture is of a Tucker 48. A car that was more advanced than anything being produced in Detroit at the time. The Big Three automakers made sure to use every means possible to make sure there wasn't a Tucker 49. There wasn't.  :-[ Great movie on the subject: Tucker, a Man and His Dream.

same thing happened to MySpace, MilliVanilli, and Boone's Farm.  All great brands unfairly hounded off their pedestal in history.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: generalizethis on September 27, 2014, 12:10:19 PM
For the immediate funding needs, can an early GUI be offered to donors for a test-run?

For long-term funding, can the mix-in include a percentage fee to the devs?

And thank you for creating a Troll free zone. If I ever see the name Surplus Bob on here, I'll, I'll...thank him for helping me get discounted Monero  ;D

For immediate funding, donation and MEW membership are useful mechanisms, and encouraging others for this would help also.

https://i.imgur.com/lPPyQjm.jpg?1

Picture is of a Tucker 48. A car that was more advanced than anything being produced in Detroit at the time. The Big Three automakers made sure to use every means possible to make sure there wasn't a Tucker 49. There wasn't.  :-[ Great movie on the subject: Tucker, a Man and His Dream.


same thing happened to MySpace, MilliVanilli, and Boone's Farm.  All great brands unfairly hounded off their pedestal in history.

MilliVanilli,  ;D My friend threw away their albums when he found out that it wasn't the guys in the videos--I asked him, "Why? It's not like the music changed."  :( Not sure if he was still mad at them or the fact that he was buying the brand and not the product.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Nxtblg on September 27, 2014, 05:27:28 PM
I will not be deleting posts simply because you have a criticism of monero so long as your posts are tactful, don't contain any logical fallacies, rhetorical trickery or sophism in general...

"You took away my best punches!!!" - Andy Capp

 ;D


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: monero-extended on September 28, 2014, 12:30:41 AM
sorry i just deleted a post i shouldn't have. i thought i was in a different thread. :D still have to get into the swing of things.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Mumbles on September 28, 2014, 04:31:23 AM
Really? I posted a thread thanking the devs and asking them to not respond as much to trolls and it gets deleted here? WTF?

Back to the open thread I guess, won't bother wasting my time here. This is ridiculous.


With that said i want critics to feel welcome here. I will not be deleting posts simply because you have a criticism of monero so long as your posts are tactful, don't contain any logical fallacies, rhetorical trickery or sophism in general and do contain at least one argument of legitimate substance.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: nioc on September 28, 2014, 04:49:23 AM
Did you read the post just before yours? ;D

Please come back :)


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: TooDumbForBitcoin on September 28, 2014, 01:52:19 PM
Really? I posted a thread thanking the devs and asking them to not respond as much to trolls and it gets deleted here? WTF?

Back to the open thread I guess, won't bother wasting my time here. This is ridiculous.


With that said i want critics to feel welcome here. I will not be deleting posts simply because you have a criticism of monero so long as your posts are tactful, don't contain any logical fallacies, rhetorical trickery or sophism in general and do contain at least one argument of legitimate substance.

Good example for the youngsters of the risks involved with non-decentralized threads.  People's feelings get hurt.



Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Hueristic on September 28, 2014, 02:01:27 PM
My post was deleted as well and it was not trolling or fudding.

Well you destroyed a good concept fast! Goodbye Moderated thread.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: TooDumbForBitcoin on September 28, 2014, 02:05:55 PM
My post was deleted as well and it was not trolling or fudding.

Well you destroyed a good concept fast! Goodbye Moderated thread.

And I've posted several troll posts that have not been deleted. 

The emission curve on deletions in this thread needs to be examined, and perhaps adjusted.



Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: David Latapie on September 28, 2014, 10:34:40 PM
Thanks. We already have a need for mnemonic seed for the wallet. Any languages welcome, except English, German, Portuguese and French. Contact me if interested.
Other needs will arise later, so I should add you to the translator's list.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: pa on September 29, 2014, 01:17:25 AM
It would be nice if MEW or the core devs set up a Monero wiki, similar to the Bitcoin wiki (https://en.bitcoin.it/wiki/Main_Page). It's a bit hard for newbies to navigate Bitcointalk to find accurate and up-to-date information, given the level of anti-Monero FUD and trolling.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: monero-extended on September 29, 2014, 02:30:35 AM
The emission curve on deletions in this thread needs to be examined, and perhaps adjusted.

From anon136:

Yes I will do this. From this point on if its not troll or containing of demonstrably false information it will not be deleted from this thread.

*edit* Also responses to troll or fud posts. If I see something that I just deleted quoted than I'm going to delete that also. The idea behind this policy is that i dont think it makes a terrible amount of sense to delete a fud or troll post and then still have it present in its entirety one post below the one i just deleted. The draw back is that certainly it will result in some entirely well meaning responses being deleted. Interested to know if you guys agree with this policy. These rules are not at all ridged and definitely subject to chance, interested in any constructive feedback. I'm quickly learning just how much harder this job is than one might anticipate.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Hueristic on September 29, 2014, 03:01:00 AM
Thx for the PM.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: samaricanin on September 29, 2014, 06:10:36 AM
I would like to help contribute to this project, and I was wondering is there any other translation projects open than the Monero Client .NET on Transifex?

You are welcome to join. We already translated many languages,you can request your own.

https://www.transifex.com/projects/p/monero-client-net/


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: alloffmyhate on September 29, 2014, 06:54:27 AM
I would like to help contribute to this project, and I was wondering is there any other translation projects open than the Monero Client .NET on Transifex?

You are welcome to join. We already translated many languages,you can request your own.

https://www.transifex.com/projects/p/monero-client-net/

Can i join to translate in Indonesian language :D


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: 5w00p on September 29, 2014, 06:58:40 AM
Not directed at anyone in this thread, but rather simply an observation and comment:

I do not understand the obsession with attempting to over-analyze the short-term (daily) changes in XMR's market price.
Why not step back and be thankful for the relative stability in the exchange rate of XMR/BTC?

While also considering that, as I type, this obscure, intangible cryptocurrency with a mysterious and hardscrabble upbringing that likens it to an orphan in a Dickens novel,
is currently valued at 117% of the United States' fiat currency, the dollar.  
 :o

Put that in your res and vape it.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: nioc on September 29, 2014, 07:11:50 AM
Maybe because people paid more for it?

Volatility in cryptocurrency, who would of thunk?


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: equipoise on September 29, 2014, 09:52:26 AM
I was doing some twitter XMR tweets analysis:

http://i58.tinypic.com/wtydqa.png

Suddenly this strange googlealert thing appeared. I searched in twitter and it leads to this anti XMR troll campaign: https://twitter.com/MoneroAlert (https://twitter.com/MoneroAlert). I reported it as a spam and I suggest you do the same.

Tips are appreciated :)


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: NewLiberty on September 29, 2014, 10:38:19 AM
I was doing some twitter XMR tweets analysis:

http://i58.tinypic.com/wtydqa.png

Suddenly this strange googlealert thing appeared. I searched in twitter and it leads to this anti XMR troll campaign: https://twitter.com/MoneroAlert (https://twitter.com/MoneroAlert). I reported it as a spam and I suggest you do the same.

Tips are appreciated :)

Consider the possibility that it is just what it seems to be.  A googlealert twitter bot. 
Google alerts are automated searches.  This is likely just one piped into twitter.  When the google search finds some thing the bot tweets it positive negative true or false.
For more on google alerts:
https://support.google.com/alerts/answer/4815780?hl=en


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: equipoise on September 29, 2014, 11:32:34 AM
^You may be right, but this is what I get from the same analysis on '#googlealert':
http://i62.tinypic.com/dv3g8.png
and this is what it finds on 'googlealert':
http://i57.tinypic.com/6qut6h.png

 


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: samaricanin on September 29, 2014, 12:38:09 PM
I would like to help contribute to this project, and I was wondering is there any other translation projects open than the Monero Client .NET on Transifex?

You are welcome to join. We already translated many languages,you can request your own.

https://www.transifex.com/projects/p/monero-client-net/

Can i join to translate in Indonesian language :D

Yes,you can  :)


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: nioc on September 29, 2014, 01:44:06 PM
I was doing some twitter XMR tweets analysis:

http://i58.tinypic.com/wtydqa.png

Suddenly this strange googlealert thing appeared. I searched in twitter and it leads to this anti XMR troll campaign: https://twitter.com/MoneroAlert (https://twitter.com/MoneroAlert). I reported it as a spam and I suggest you do the same.

Tips are appreciated :)


I checked your link and it has links to the ANN thread, this thread, a post on reddit with a positive view on the latest "attack", and the Lifeboat Foundation taking Monero for donations. 

There was also a link in reference to Moneero which is one of the names of a person involved with a company in Uruguay.

Maybe I didn't look deeply enough but it doesn't seem like an anti XMR troll campaign to me.


Disclaimer:  I don't use Twitter or any other "social media"


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Quanttek on September 29, 2014, 07:11:34 PM
Disclaimer:  I don't use Twitter or any other "social media"

Actually you do at this exact moment. Forums are also a form of social media or "Web 2.0", which describes, that users now interact with each other, though forums or news-agregators (like reddit or HN) aren't the classical form of social media


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: equipoise on September 29, 2014, 09:59:17 PM
I checked your link and it has links to the ANN thread, this thread, a post on reddit with a positive view on the latest "attack", and the Lifeboat Foundation taking Monero for donations. 

There was also a link in reference to Moneero which is one of the names of a person involved with a company in Uruguay.

Maybe I didn't look deeply enough but it doesn't seem like an anti XMR troll campaign to me.


Disclaimer:  I don't use Twitter or any other "social media"
I don't use Twitter either. I saw a lot of links to FUD XMR threads. I checked the link again and it's completely different now.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: NewLiberty on September 30, 2014, 02:41:23 AM
I checked your link and it has links to the ANN thread, this thread, a post on reddit with a positive view on the latest "attack", and the Lifeboat Foundation taking Monero for donations. 

There was also a link in reference to Moneero which is one of the names of a person involved with a company in Uruguay.

Maybe I didn't look deeply enough but it doesn't seem like an anti XMR troll campaign to me.


Disclaimer:  I don't use Twitter or any other "social media"
I don't use Twitter either. I saw a lot of links to FUD XMR threads. I checked the link again and it's completely different now.

Maybe the person with the qooglealert either edited the feed or improved the query?
Accurate criticisms are great, but there is also no shortage of inaccurate criticisms.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rpietila on September 30, 2014, 11:49:16 AM
I will just present a quick list of recent developments re: me and Monero

- We rested after the "BCX attack/FUD" was put to rest. We haven't written the chronology yet. There is a proposal in the MEW concerning whether we officially expose the instigators or refrain from doing this and just hope that they will stop the dirty tricks and rather concentrate on building a strong community in their own coin instead. In Monero even this kind of things are decided by the community.

- David Latapie is in charge of the membership and communication affairs of the MEW, I will more be in charge of the internal affairs.

- To celebrate David's nomination to the Hotel Manager of the Grand Hotel Malla and the simultaneous nomination of him, me, and NewLiberty to the executives of MEW, we decided to have a Grand Dinner. The dinner lasted 8 hours. The pic is with Maria Jones from CoinTelegraph (https://www.facebook.com/photo.php?fbid=1475379276074017&set=t.100008058758120&type=1&theater).

- I met again the provider of "20 Monero Pizzas", Andres Jaadla the mayor of Rakvere (the county capital of Malla). He still does not have Bitcoin, only Monero. Yet he is building a Smart House Competence Centre (http://rakveresmarthouse.weebly.com/) in the town. His strong wish was that we arrange a Bitcoin ATM in the lobby of this state-or-the-environmental technology new construction.

- In Tallinn in the Reception by Ambassador of Azerbaijan yesterday, my team (me, David and Dr. Choo) was introduced to many well-connected people including Ambassadors and Ministers. The contacts did not immediately lead to anyone buying Moneros but that was only because the event was just an introduction cocktail party.

- Monero still seems much easier to sell to both junior and senior people alike than Bitcoin. It seems evident that the recent attacks have made the speculator community to shrink in size (because all my friends have just bought more, someone has to have been selling..) but this will be compensated with senior non-crypto people entering in. Unfortunately for altcoiners, there is not much early adopter advantage if you continue to sell this cheap, even at a loss.

- I have a high level of trust both in the core team and in the executives and members of MEW, that in the next few weeks we can make the ecosystem of Monero much stronger. Also the infrastructure developments and services are constantly maturing behind the scenes. The future looks bright to me, and I will have more time myself to contribute now, as the 1.5-week conference is once again over :)




Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Anon136 on September 30, 2014, 01:49:55 PM
Quote
There is a proposal in the MEW concerning whether we officially expose the instigators

I for one would very much like to know.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: David Latapie on September 30, 2014, 03:26:24 PM
It would be nice if MEW or the core devs set up a Monero wiki, similar to the Bitcoin wiki (https://en.bitcoin.it/wiki/Main_Page). It's a bit hard for newbies to navigate Bitcointalk to find accurate and up-to-date information, given the level of anti-Monero FUD and trolling.

There is one here http://monero.wikia.com/ but it is focused on development. Personally, I find it a shame to "burn" the monero name for development wiki - it should have a greater scheme than that. I don't remember who is the creator of the wiki, but I suggest anyway that we start writing some topics out of dev here. It is always possible to use a "development" category to isolate devving from the rest.

The emission curve on deletions in this thread needs to be examined, and perhaps adjusted.

From anon136:

Yes I will do this. From this point on if its not troll or containing of demonstrably false information it will not be deleted from this thread.

*edit* Also responses to troll or fud posts. If I see something that I just deleted quoted than I'm going to delete that also. The idea behind this policy is that i dont think it makes a terrible amount of sense to delete a fud or troll post and then still have it present in its entirety one post below the one i just deleted. The draw back is that certainly it will result in some entirely well meaning responses being deleted. Interested to know if you guys agree with this policy. These rules are not at all ridged and definitely subject to chance, interested in any constructive feedback. I'm quickly learning just how much harder this job is than one might anticipate.
I'd say: if the post with a deleted post only contains replies to the troll/FUD, it should be deleted too - after all, replying to trolls is almost trolling by itself. If the post contains both reply and unrelated content, PM the author to modify the text. Finally, the OP should be updated with this rule (e.g. the small letters at the end of the post).

BTW, 2629 votes on Cryptsy (https://www.cryptsy.com/coinvotes).

Update: interesting discussion on the MEW thread regarding which project to priorize (https://bitcointalk.org/index.php?topic=776479.msg9028591#msg9028591).


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: papa_lazzarou on September 30, 2014, 05:33:21 PM
I noticed that HitBTC already has BTC/EURO and LTC/EURO pairs. Do you think it would be a stretch to add an XMR/EUR pair?

They already have the infrastructure/legal stuff to receive funds in EURO and XMR. So given enough incentive it should be feasible. Am I missing something?


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: 5w00p on September 30, 2014, 08:43:49 PM
I noticed that HitBTC already has BTC/EURO and LTC/EURO pairs. Do you think it would be a stretch to add an XMR/EUR pair?

They already have the infrastructure/legal stuff to receive funds in EURO and XMR. So given enough incentive it should be feasible. Am I missing something?

Yes, I think you are missing the fact that those two coins have MUCH greater market cap than XMR.

http://coinmarketcap.com/ (http://coinmarketcap.com/)


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Anon136 on September 30, 2014, 10:05:01 PM
Thanks for the reply david. OP updated.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Jojatekok on October 01, 2014, 05:08:33 AM
It would be nice if MEW or the core devs set up a Monero wiki, similar to the Bitcoin wiki (https://en.bitcoin.it/wiki/Main_Page). It's a bit hard for newbies to navigate Bitcointalk to find accurate and up-to-date information, given the level of anti-Monero FUD and trolling.

There is one here http://monero.wikia.com/ but it is focused on development. Personally, I find it a shame to "burn" the monero name for development wiki - it should have a greater scheme than that. I don't remember who is the creator of the wiki, but I suggest anyway that we start writing some topics out of dev here. It is always possible to use a "development" category to isolate devving from the rest.

Greetings!

I am the creator of the wiki, and it was primarily made with a purpose of creating space for official development-related schemes. I asked the dev team whether there should be content for the general audience, but they told me that they were already working on a wiki, if I recall correctly.

Anyway, PM me if you want to have administrator access to the Monero Wikia page.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: aminorex on October 01, 2014, 03:43:57 PM
Fiat pairs in Europe:

CCEDK will offer XMREUR, XMRUSD, XMRRUR, XMRDKK beginning Saturday, October 4th (or possibly Friday night).

https://cryptocointalk.com/topic/17639-october-news-at-ccedk-2fa-dropdown-menu-happy-hour-maraton-trading-and-100-trading-pairs-end-of-first-week/

http://cointelegraph.com/news/112630/if-we-cant-use-paypal-100-what-is-the-purpose-then-ronny-boesing-ceo-ccedk


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: papa_lazzarou on October 01, 2014, 05:21:53 PM
^^^ Sorry, what were you saying?

I noticed that HitBTC already has BTC/EURO and LTC/EURO pairs. Do you think it would be a stretch to add an XMR/EUR pair?

They already have the infrastructure/legal stuff to receive funds in EURO and XMR. So given enough incentive it should be feasible. Am I missing something?

Yes, I think you are missing the fact that those two coins have MUCH greater market cap than XMR.

http://coinmarketcap.com/ (http://coinmarketcap.com/)


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: aminorex on October 01, 2014, 06:40:59 PM
The existence of an XMR/fiat exchange with coverage of EUR and USD in a developed jurisdiction seems very positive to me.  It means that XMR will be less coupled to BTC, and accessible to anyone willing to send funds by bank wire or SEPA.  It may constitute a liquidity event, if interest is high enough.  However, it will not make XMR more usable.  Only DB and GUI work can do that.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: papa_lazzarou on October 01, 2014, 08:34:28 PM
@aminorex: it wasn't directed at you. Just pulling 5w00p's leg. :)


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: aminorex on October 02, 2014, 02:00:51 AM
From the quiescence of this thread, in contrast to the rapid growth of the free-for-all thread, I feel forced to conclude that people are idiots.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: TooDumbForBitcoin on October 02, 2014, 02:05:52 AM
From the quiescence of this thread, in contrast to the rapid growth of the free-for-all thread, I feel forced to conclude that people are idiots.


Wait, you're what, 45 to 55?  And you're just concluding that? 

I don't believe you.



Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: generalizethis on October 02, 2014, 04:53:28 AM
From the quiescence of this thread, in contrast to the rapid growth of the free-for-all thread, I feel forced to conclude that people are idiots.


Wait, you're what, 45 to 55?  And you're just concluding that? 

I don't believe you.



Many people are motivated by fear--and I believe the motivating fear acting here is: if you let trolls rule the unmoderated thread, that new users will be influenced by FUD and the adoption rate won't increase. At least that's why some days, and depending on my anxiety level,  I go to the wasteland instead of relaxing on a nice soft comfy chair.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rdnkjdi on October 02, 2014, 05:04:17 AM
Fear is the natural opposite side of greed when it comes to investing/gambling (crypto does not deserve to be classified as "investing")



Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Anon136 on October 02, 2014, 05:14:25 AM
(crypto does not deserve to be classified as "investing")

If you are going to make a statement like that than you need to qualify it. Many if not most people on this forum would disagree. If you are going to make an assertion that almost everyone would disagree with than it needs to be accompanied by an argument, else it looks a lot like trolling.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rdnkjdi on October 02, 2014, 05:25:33 AM
(crypto does not deserve to be classified as "investing")

If you are going to make a statement like that than you need to qualify it. Many if not most people on this forum would disagree. If you are going to make an assertion that almost everyone would disagree with than it needs to be accompanied by an argument, else it looks a lot like trolling.


The gambling/investing assertion wasn't necessary for my primary point.  Fear & greed are the two emotional sides of eithe gambling or investing.  I could write a long post explaining my perception of the two but I'm on my phone right now o.0


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: generalizethis on October 02, 2014, 05:38:23 AM
(crypto does not deserve to be classified as "investing")

If you are going to make a statement like that than you need to qualify it. Many if not most people on this forum would disagree. If you are going to make an assertion that almost everyone would disagree with than it needs to be accompanied by an argument, else it looks a lot like trolling.


The gambling/investing assertion wasn't necessary for my primary point.  Fear & greed are the two emotional sides of eithe gambling or investing.  I could write a long post explaining my perception of the two but I'm on my phone right now o.0

That's imposing the argument that negative energies must create "negative" energies. But isn't Love and Hate a more apt to any ying/yang model. I would say the opposite of Greed is Giving and the opposite of Cowardice is Bravery--I changed fear to cowardice because fear is a primary energy that can be viewed as good or bad. I'm afraid of being arrested, so I follow laws: I'm afraid of not getting rich, so I break the law; I'm afraid of not living my life completely, so I grab a hold as many experiences as possible; I'm afraid of the unknown, so I don't try new things....


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rdnkjdi on October 02, 2014, 05:51:43 AM
Having a tough time figuring out what you're saying.  Fear or greed can be good or bad (if that's how you want to look at it).  Fear kept people from making fortunes with bitcoin.  Greed made people lose fortunes.  Depending on timing and a lot of other stuff.

I was just replying to the person who was implying fear was chasing away noobs.   Of course greed and fear are two NATURAL sides of the coin (no pun intended)

My point I guess was just that greed and fear are two opposite emotions in the investment/gambling arena.

I agree with your other stuff about generosity vs greed & fear of missing life experiences vs fear of dying.  Just not sure those are as applicable as investing/gambling


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: generalizethis on October 02, 2014, 06:27:02 AM
Having a tough time figuring out what you're saying.  Fear or greed can be good or bad (if that's how you want to look at it).  Fear kept people from making fortunes with bitcoin.  Greed made people lose fortunes.  Depending on timing and a lot of other stuff.

I was just replying to the person who was implying fear was chasing away noobs.   Of course greed and fear are two NATURAL sides of the coin (no pun intended)

My point I guess was just that greed and fear are two opposite emotions in the investment/gambling arena.

I agree with your other stuff about generosity vs greed & fear of missing life experiences vs fear of dying.  Just not sure those are as applicable as investing/gambling

Not sure if we're on the same page, but can give some clear examples of fear being flipped in the gambling/investing world:

I'm afraid of making a bad investment, so I research and track every investment I make/ I'm afraid of making a bad investment, so I make no investments at all or trust second party's as infallible (ahem--Madoff).

I'm afraid of making a bad bet, so I research odds and hone my instincts with practice/ I'm afraid of making a bad bet, so I never bet.

I'm afraid of not making my money back, so I spend more time researching and making calculated risks so as to ensure my results are better with each coming move/ I'm afraid that I won't make back the money I lost, so I frantically invest in long shots that promise to pay off big.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rpietila on October 02, 2014, 11:26:20 AM
The existence of an XMR/fiat exchange with coverage of EUR and USD in a developed jurisdiction seems very positive to me.  It means that XMR will be less coupled to BTC, and accessible to anyone willing to send funds by bank wire or SEPA.  It may constitute a liquidity event, if interest is high enough.  However, it will not make XMR more usable.  Only DB and GUI work can do that.

Can you send me PM a memo how to get in there. I think they need more liquidity soon  ;D


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: McHaggis on October 02, 2014, 12:23:36 PM
One of the first things I was going to suggest was the creation or funding of a second or third major XMR exchange with high voulme, excelent usability (specifically on smart devices) and no chat box.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: whoknowsthisnose on October 02, 2014, 12:29:10 PM
Quote
I think they need more liquidity soon

Indeed. As a quite new exchange they have very low volumes at all markets.
I just signed in yesterday and will give all my guppy-power to improve, but this will not make any markable move. My hope is, many will follow and even some other species like dolphins, sperm whales and other big mammals. And of course last but not least some bigger reptilias (sometimes cold blood can be very helpful  ;) )



Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: whoknowsthisnose on October 02, 2014, 12:54:17 PM
I just got an answer to my ticket at CCEDK, how to verify my identity (the KYC-thing). As mentioned in their FAQ it neccessary to deposit/withdraw larger amounts of fiat (i. e. > 100 EUR).

With the permission of Ronny Boesing I paste it here for your information:

Quote
You are very welcome
|
| You are very welcome to send me following information, so we know you are you!
|
| Validation procedures: You may avoid any delays in regards to deposit and withdrawal in this matter by sending copy of passport or national ID to verify your identity, a copy of either utility or electricity bill to verify your address, and a phone number to verify these documents and yourself, should that be considered necessary. Please send these details via our mojohelp desk as per mentioned link:  http://ccedk.mojohelpdesk.com start new ticket, and mention in subject: Validation, User ID and User name. We will after receipt, delete from mojohelpdesk and save information on a secure server. All of this information will not be shared with anybody else, according to our privacy policy mentioned on site.
|
| Hope to have your info, and start deposit asap
|
| Once again welcome.
|
| Rgds
|
| Ronny Boesing
| CCEDK


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: papa_lazzarou on October 02, 2014, 01:49:43 PM
The existence of an XMR/fiat exchange with coverage of EUR and USD in a developed jurisdiction seems very positive to me.  It means that XMR will be less coupled to BTC, and accessible to anyone willing to send funds by bank wire or SEPA.  It may constitute a liquidity event, if interest is high enough.  However, it will not make XMR more usable.  Only DB and GUI work can do that.


Taking a cue from aminorex, lets resume this discussion and add value to Monero. We shouldn't take the risk of the rapid adoption kicking in while the tech is so raw as it is now.

X posting here:


I'm thumb-sucking numbers, don't take these guesstimates as anything actual or realistic.

- Embedded DB solution/implementation - 6 man weeks is a pretty solid guess, so I'll leave the $14 500
- Convertion of C-code - it's not as simple as this. Apart from this specific item, there needs to be an incremental audit and refactor. Just because the bug was lurking in a piece of C code with this doesn't mean there can't be a bug elsewhere, it's just easier to obfuscate it in C. Holistically this is an active, ongoing task, that will likely end up costing in the $80k - $140k range over many, many months.
- Finished (official) GUI - assuming all the other pieces are in place, then dEBRUYNE is correct - anything from $15k - $20k.
- C++ version of the I2P router (IP obfuscation) - this is already making rapid progress: https://github.com/PrivacySolutions/i2pd. To get it to a point where it's usable and implementable as submodule / library I'd imagine is easily a $50k job, but I'm guessing at what orignal's hourly is.
- ... (blockchain bloat issue?) - not really an issue, and I'm unsure as to what we'd consider "solving" it. A linear reduction? A lightweight access methodology that heavily reduces the need for local storage / bandwidth? The amount of experimentation and research needed here to find a cryptographically sound "solution" makes it hard to pin a value down.

Just quoting fluffypony's post so that we may have some context. Maybe the dev's could make a revision if it is in order.

The first two items in the list are the most pressing, IMO. So we have (1) a short term goal of $14 500 for the embedded DB and lets say (2) about $10 000 per month for the code conversion.
How can we achieve number (1) now and how can we plan a steady income for number 2?

Does our community have 1000 people willing to donate 15$ now? Personally I think we will only find out by trying and am with Nekomata regarding the crowdfunding initiative.

Any thoughts?


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rpietila on October 02, 2014, 03:16:20 PM
Without GUI, adoption will remain sluggish. With sluggish adoption, not only will price be pressured, but more importantly - and this is a coin killer - the emission will run its course to the point that XMR will considered to be a "community premine" despite all our good heroic efforts.

Since changing the emission also can be considered to be a premine of sorts, we are between a rock and a hard place with (yet) no solutions that would have the unanimous support of everybody.

I can also be wrong concerning the future perception of "community premine".


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rdnkjdi on October 02, 2014, 03:39:17 PM
Quote
Without GUI, adoption will remain sluggish. With sluggish adoption, not only will price be pressured, but more importantly - and this is a coin killer - the emission will run its course to the point that XMR will considered to be a "community premine" despite all our good heroic efforts.

I agree with this.  

That perception of "community premine" is my biggest fear.  Especially without the GUI.  I would vote FOR turning my 1,000 Monero's into 500 if we could reduce the coin release schedule to avoid this AND being accused of driving our investments up.  

However that said I've never paid too much attention to dark or other coins that rocketed up but Monero has the longest period of being able to accumulate close to a fair price / average price of any coin I've seen.  I'm not sure if that makes sense ... but in my head I envision that 75 - 85% of the Monero's owned were accumulated between .025 & .045.  And this has been possible for months and months.  So there is some defense against the community premine in that price stability has been so consistent.

Also releasing more coins creates more supply even after the coins are released.  Not sure how to explain this either but there is much more danger of going down when there's 5,000,000 coins on the market vs 2,500,000.  

My thinking is starting to shift on all of this a little.  Monero has clearly stated their direction from the beginning (GUI, database, etc).  As more features are added the risk of them not meeting those expectations shrink THIS is what drives the price up on a GUI release IMO.  Also as time goes on more coins are dumped on the market.  There are only two factors. 

A.  How many coins will be available when.
B.  What will the demand of coins be available when.

More coins early is actually more dangerous for early investors as early adopters face the risk of buying in when demand outstrips supply & then supply catches up later (Vertcoin, Cryptonite).

The demand of coins (even bitcoin to a large degree) is fully limited to speculation not actual use.  So I think (could be wrong) that what speculators buy it when may have less to do with the actual adoption & use than it does with one group of speculators crying foul at another group of speculators.  Ironic part is the group of speculators crying foul will likely be the ones driving up the value of the group of speculators holding.

It's such a lose lose situation.  Do nothing, get accused of community premine.  Do something to slow down emission, get accused of only wanting to drive up the price of your investment.  


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: oda.krell on October 02, 2014, 03:58:38 PM
Without GUI, adoption will remain sluggish. With sluggish adoption, not only will price be pressured, but more importantly - and this is a coin killer - the emission will run its course to the point that XMR will considered to be a "community premine" despite all our good heroic efforts.

Since changing the emission also can be considered to be a premine of sorts, we are between a rock and a hard place with (yet) no solutions that would have the unanimous support of everybody.

I can also be wrong concerning the future perception of "community premine".

Good high level summary.

I would add one more corner to the rock/hard place picture:

To break out of the status quo, we'd need to actively encourage user adoption / make XMR go "live". Devs have (understandably so, given their already taxing time constraints) said they think the project isn't ready for that yet (hence: the GUI delay).


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: freebud on October 02, 2014, 04:18:20 PM
Without GUI, adoption will remain sluggish. With sluggish adoption, not only will price be pressured, but more importantly - and this is a coin killer - the emission will run its course to the point that XMR will considered to be a "community premine" despite all our good heroic efforts.

Since changing the emission also can be considered to be a premine of sorts, we are between a rock and a hard place with (yet) no solutions that would have the unanimous support of everybody.

I can also be wrong concerning the future perception of "community premine".
Difficult situation indeed.. I think that XMR is not yet ready for increased adoption, as there are still issues with the anonymity, which is the most fundamental offering.
Releasing a GUI without solving those issues will just lure unsuspecting users into using it carelessly, which might actually put people in danger.
Maybe we can change the emission such that it will continue it's fast pace for a longer period?


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rdnkjdi on October 02, 2014, 04:27:27 PM
Double the total coin supply.  Then change emission curve to something closer to BBR's emission curve?

I'd be on board with that.  Be ready for a price tank.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: papa_lazzarou on October 02, 2014, 04:28:45 PM
Without GUI, adoption will remain sluggish. With sluggish adoption, not only will price be pressured, but more importantly - and this is a coin killer - the emission will run its course to the point that XMR will considered to be a "community premine" despite all our good heroic efforts.

Since changing the emission also can be considered to be a premine of sorts, we are between a rock and a hard place with (yet) no solutions that would have the unanimous support of everybody.

I can also be wrong concerning the future perception of "community premine".

As we approach the end of the emission, and if the adoption rate is stagnant, that perception risk will grow. We are currently at around 20% of the emission and a year from now we'll be at 50%. If we want to avoid that risk we have to specify deadlines at which some fundamentals should be in place in order to drive adoption. These deadlines must be from a funding perspective.

We already have an idea of the milestones. (Embedded db and QoS, then GUI, blockchain size management). These achievements can be facilitated to the Dev Dream Team by means of well defined (time and money) fund goals as was already discussed.

Along side these developments is the ongoing work of patching/refactoring/commenting of the code. This could be addressed by a similarly ongoing funding, which is being hard to pinpoint.




Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: freebud on October 02, 2014, 05:06:51 PM
Double the total coin supply.  Then change emission curve to something closer to BBR's emission curve?

I'd be on board with that.  Be ready for a price tank.
Could you please explain why this would tank the price?


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rdnkjdi on October 02, 2014, 05:12:14 PM
Quote
Could you please explain why this would tank the price?

Ok - it is my opinion it would in the short term.  Much like Darkcoins price shot up after they limited their total coin supply, we are talking about increasing ours. 

The rational being "I hold 5000XMR.  This is 1/5 of a % of all XMR's that will be produced.  After doubling the eventual output my holdings will only be 1/10th.  They made me own less & increased the ceiling for future scarcity."

I do feel this move increases the likelyhood significantly of actual XMR adoption which is what we all want.  And if that happens the long term effects on price will be amazingly positive regardless of if there are 18 million or 36 million coins. 


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Its About Sharing on October 02, 2014, 05:14:52 PM
Without GUI, adoption will remain sluggish. With sluggish adoption, not only will price be pressured, but more importantly - and this is a coin killer - the emission will run its course to the point that XMR will considered to be a "community premine" despite all our good heroic efforts.

Since changing the emission also can be considered to be a premine of sorts, we are between a rock and a hard place with (yet) no solutions that would have the unanimous support of everybody.

I can also be wrong concerning the future perception of "community premine".

I've thought of picking up more on dips, but honestly, without a nice wallet I won't and for different reasons. 1 of which is I couldn't get the simple wallet installed from scratch. I could run it and I had the blockchain on my Mac but I didn't want to chance a non binary install. No longer a computer expert and didn't want to waste the time figuring things out (after 3 hours).

I thought the emission rate was ok, and the majority slowdown is in 3 or 4 years? Excuse my ignorance here.

Anyway, with their update of the wallet (screenshots and such) a month ago, I thought we were close. If they can get it out in the next month or two we have a chance but if they wait much longer anything can happen. We are not in the position of cutting off our nose to spite our face, via non action.

Any word on the wallet GUI?


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rpietila on October 02, 2014, 06:32:21 PM
1st year is 39%, after 4 years it is 86%.

I would much rather see us at <50% for 3-4 years, because a fully mined coin when there is no meaningful adoption (10s of millions of users at least) is likely to be superseded by a fork of the same, which is perceived as "more legitimate" since it is "not premined".

I don't think inflation is "good" but I find it hard to retain legitimacy in the view of the future generations without it. Crypto is not gold. Gold cannot be forked, crypto can. And has. And will.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Anon136 on October 02, 2014, 06:54:19 PM
but more importantly - and this is a coin killer - the emission will run its course to the point that XMR will considered to be a "community premine" despite all our good heroic efforts

This may be wrong but I think there is a pretty reasonable chance that it isn’t, so this is an important insight I think. Also something I had not thought of myself, so thanks for bringing that up.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: xulescu on October 02, 2014, 07:02:49 PM
From the quiescence of this thread, in contrast to the rapid growth of the free-for-all thread, I feel forced to conclude that people are idiots.


Criticism noted.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Anon136 on October 02, 2014, 07:11:24 PM
I vote for a flat emission curve. X monero per block for ever. Though I know no one else would ever support that.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rdnkjdi on October 02, 2014, 07:23:49 PM
I vote for a flat emission curve. X monero per block for ever. Though I know no one else would ever support that.

I 1000% agree with this.  Ethereum is doing this & it actually makes a lot of sense (to me).

The % of the coin in existence produced per month/year falls even though the coin output never changes.  Those who invest early only make money if adoption increases - the way it is now as long as adoption remains consistence you just need to get in early enough & soak up early coin production.

I think bitcoin will die for this reason (eventually).  No one is going to want to pay the transaction fees needed to support the network.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Nxtblg on October 02, 2014, 09:23:58 PM
Many people are motivated by fear--and I believe the motivating fear acting here is: if you let trolls rule the unmoderated thread, that new users will be influenced by FUD and the adoption rate won't increase. At least that's why some days, and depending on my anxiety level,  I go to the wasteland instead of relaxing on a nice soft comfy chair.

Fear is the natural opposite side of greed when it comes to investing/gambling (crypto does not deserve to be classified as "investing")

Believe it or not, the presence of fear explains one of the paradoxes of blowoff bubble. It isn't just greed that fuels them, it's also the fear of missing out. Seriously.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: NewLiberty on October 02, 2014, 09:34:06 PM
but more importantly - and this is a coin killer - the emission will run its course to the point that XMR will considered to be a "community premine" despite all our good heroic efforts

This may be wrong but I think there is a pretty reasonable chance that it isn’t, so this is an important insight I think. Also something I had not thought of myself, so thanks for bringing that up.

My apriori ideas on emissions:

Bitcoin emission curve is quite long, it is not a bad model.  
Flat emission curve may also work, who knows?

However I critique:
These are both arbitrary decisions that are entirely uninfluenced by external factors.  They are inflexible.  They do not respond to economic realities, demographics, usage, mining security, or anything else that might reasonably be expected to have some influence on money supply.

Further:
The emission is something that does not have very good precedent for alterations.  A debate on what would be the optimal emission, and to get that right forevermore, it is not likely to be something merely arbitrarily decided, picked out of a hat and made permanent.  That is just guessing and is no better than Bitcoin or Ether.

I do agree with rpietila about one thing for certain.  At some time in the future there will be an exit from Bitcoin for something better.  XMR is the best there is at the moment for such an option, and it improves daily.  I am not under the illusion that it is perfect, but to change something there should be very excellent reasons not just to change it, but to what it ought be changed.

With respect to emissions, I am sure that I don't know the answer to what the optimal emission rate is at this time, but I do think that it is worthy of serious examination.  I do not think that this discussion should be in the context of "What to do with XMR emission".  I would rather it be in the context of a potential merge-mined coin, using the same XMR codebase and advancements.  This accomplishes four important things

1) It enables the discussion
2) There should not be uncertainty about whether what you have is going to be diluted more than what you thought when you bought it.
3) Prevent "extra work" for our development team.
4) Provide additional revenue for our miners through the merge-mining, Miners thereby mine both coins simultaneously for the same work, thus increasing incentives for mining XMR (and the potential discussion coin would have good mining before it even was delivered).

Milton Friedman also argued that money supply ought be mechanistically determined, not by human decision but by formula, it was one of his criticisms of The Fed Reserve and central banking generally.

The block chain has some information that can used to sense the economic environment of the world around it.  Difficulty, transaction volume, and etc.  There may be other things that it can detect.  This would be my starting points, there may be other metrics it can offer that it currently does not (when smart contracts are more popular for example, there could be a basket of commodities or something to pull real-world value data into the analysis).


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Anon136 on October 02, 2014, 10:01:51 PM
but more importantly - and this is a coin killer - the emission will run its course to the point that XMR will considered to be a "community premine" despite all our good heroic efforts

This may be wrong but I think there is a pretty reasonable chance that it isn’t, so this is an important insight I think. Also something I had not thought of myself, so thanks for bringing that up.
words

Yea there is a good point here. What is the ideal emission curve vs should the emission curve be changed at all are two entirely separate questions. My reply was more along the lines of what would be the most ideal emission curve and not any claim about whether it should be changed.

As for the arbitrary nature of these decisions yes i agree, it is very arbitrary and non adaptable. I think this is a very strong legitimate criticism about all crypto in general. Ideally we would have market feedback that would allow us to adapt these values to the optimal level, that is the level at which all attacks that are prevented by said emission would be avoided but only just. But there is no way to measure and determine what this value use. Not in any verifiable way. If we were to make it variable, it would end up coming down to the decisions of individuals which opens up room for corruption. It would be a bit like having a crypto federal reserve. Not ideal.

Right now the mechanism we have, and the only one that we may ever have, is market competition between different cryptos. Where the ones that select the best static values gain capitalization and the ones that chose bad static values lose it. Its slow, cumbersome, and non addaptive but it is perhaps the best answer we will ever have to this problem. (other than proof of stake which has its own shortcomings).

also the block chain may be able to sense if it is not secure enough, but another big problem that people often over look, and something that it never could sense, is whether it is paying too much for security. Miners can see if there are long orphan chains than perhaps the reward should be raised. But even then it opens up new attack vectors for fraud with people purposefully crafting long orphan chains inorder to change the reward.



Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rpietila on October 02, 2014, 10:21:07 PM

Just willing to restate my points:
- No, I am not advocating changing the total number of coins;
- No, I am not advocating higher inflation;
- Yes, I am advocating that inflation is more evenly spread over time;
- Reason I do this is that fully mined coins have a hard time finding buyers if there are growing coins also available (don't be confused with pumps - that's something that cannot happen with XMR anyway anymore).

Reading my posts in this short thread might be enjoyable and insightful. (https://bitcointalk.org/index.php?topic=777213.msg8760326#msg8760326)



Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rdnkjdi on October 02, 2014, 10:24:32 PM

Just willing to restate my points:
- No, I am not advocating changing the total number of coins;
- No, I am not advocating higher inflation;
- Yes, I am advocating that inflation is more evenly spread over time;
- Reason I do this is that fully mined coins have a hard time finding buyers if there are growing coins also available (don't be confused with pumps - that's something that cannot happen with XMR anyway anymore).

Reading my posts in this short thread might be enjoyable and insightful. (https://bitcointalk.org/index.php?topic=777213.msg8760326#msg8760326)



How in the world could we ever get enough people on the same page to promote any change to coin release schedule or total emission? 


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rpietila on October 02, 2014, 10:29:21 PM

Just willing to restate my points:
- No, I am not advocating changing the total number of coins;
- No, I am not advocating higher inflation;
- Yes, I am advocating that inflation is more evenly spread over time;
- Reason I do this is that fully mined coins have a hard time finding buyers if there are growing coins also available (don't be confused with pumps - that's something that cannot happen with XMR anyway anymore).

Reading my posts in this short thread might be enjoyable and insightful. (https://bitcointalk.org/index.php?topic=777213.msg8760326#msg8760326)



How in the world could we ever get enough people on the same page to promote any change to coin release schedule or total emission? 

MEW is the place where it will be discussed. So that we can make sure if the coin owners actually prefer this or that.

The ones who do not believe in the viability of one of the choices, are likely selling their coins anyway. So it's better that a good project continues with the majority (instead of the minority), which also makes us hopeful that a great number (instead of a small number) of new ones will join, leading to increased (instead of decreased) adoption, compared to current situation.

Which side is the majority, I don't yet know. I - as well as many hopefully - has not locked in his own opinion yet.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rdnkjdi on October 02, 2014, 10:31:25 PM

Just willing to restate my points:
- No, I am not advocating changing the total number of coins;
- No, I am not advocating higher inflation;
- Yes, I am advocating that inflation is more evenly spread over time;
- Reason I do this is that fully mined coins have a hard time finding buyers if there are growing coins also available (don't be confused with pumps - that's something that cannot happen with XMR anyway anymore).

Reading my posts in this short thread might be enjoyable and insightful. (https://bitcointalk.org/index.php?topic=777213.msg8760326#msg8760326)



How in the world could we ever get enough people on the same page to promote any change to coin release schedule or total emission? 

MEW is the place where it will be discussed. So that we can make sure if the coin owners actually prefer this or that.

The ones who do not believe in the viability of one of the choices, are likely selling their coins anyway. So it's better that a good project continues with the majority (instead of the minority), which also makes us hopeful that a great number (instead of a small number) of new ones will join, leading to increased (instead of decreased) adoption, compared to current situation.

Which side is the majority, I don't yet know. I - as well as many hopefully - has not locked in his own opinion yet.

Any idea what % of coin owners MEW is?  I'd like to be involved - if at least to observe so I suppose I'll join.  Not much of a good ole boys club participant but I'd like to know sooner rather than later the direction the coin decides to take.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Anon136 on October 02, 2014, 10:38:36 PM
How much monero do mew members have to have?


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: nakaone on October 02, 2014, 10:43:59 PM
the relation between changing emission and funding development is not totally clear to me - xmr needs ONE thing and that is funded development. - mew can work out a proper inflation after the coin is almost full mined.

- this coin fills the only existing niche
- it has a great development team
- it has a great and overall smart community, which is quite big
- it does NOT have a great codebase as well as userfriendliness
- it does have at least funding issues

from a scientific perspective I am very interested if we get a proper funding managed


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rpietila on October 02, 2014, 11:04:04 PM
Any idea what % of coin owners MEW is?  I'd like to be involved - if at least to observe so I suppose I'll join.  Not much of a good ole boys club participant but I'd like to know sooner rather than later the direction the coin decides to take.

It has 6,200 votes, so nominally 620,000 coins (about 20%).

Personally I believe people have on average "underbought" votes to save money and disguise their total holding. The MEW membership's share of the current emission is likely 30-40%.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rpietila on October 02, 2014, 11:05:58 PM
How much monero do mew members have to have?

10 XMR is the minimum fee. This nominally corresponds to 1000 XMR holdings, although you can be much smaller or bigger if you like.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: David Latapie on October 03, 2014, 01:15:38 AM
Flat emission curve may also work, who knows?
So far, I only know flat emission curve, this is TEKcoin (http://devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins#tekcoin). I draw no conclusion in one way or another neither do I imply anything.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: NewLiberty on October 03, 2014, 01:26:44 AM

Just willing to restate my points:
- No, I am not advocating changing the total number of coins;
- No, I am not advocating higher inflation;
- Yes, I am advocating that inflation is more evenly spread over time;
- Reason I do this is that fully mined coins have a hard time finding buyers if there are growing coins also available (don't be confused with pumps - that's something that cannot happen with XMR anyway anymore).

Reading my posts in this short thread might be enjoyable and insightful. (https://bitcointalk.org/index.php?topic=777213.msg8760326#msg8760326)

Would this have the effect then, if it were an stock, of a reverse-split?

Whereas each whole coin would become some fraction of a coin, along with an emission change to a longer tail?
Whereas the same proportionate value of the whole market cap owned by the same wallets.

It would be difficult to see how this would harm any holders.

My other issue remains however, do it once, do it right.
And, I don't know what right is in this instance.  I also don't think that anyone else does at this time, or at least I have seen nothing yet.
So far it is just picking straws from a cup with other experiments using an arbitrary selection, there are no reasons behind any of them other than XYZ did it so it must be good.
Maybe I'm just not authoritarian enough to see the merit of that reason.

Our block chain has some senses, I am hopeful they can learn from the environment around it.
At the same time there may be merits in keeping it blind and deaf to what it carries if that is what it takes to maintain all of its other merits.

So I don't know the answer, not yet.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Kuriso on October 03, 2014, 04:10:59 AM
Without GUI, adoption will remain sluggish. With sluggish adoption, not only will price be pressured, but more importantly - and this is a coin killer - the emission will run its course to the point that XMR will considered to be a "community premine" despite all our good heroic efforts.

Since changing the emission also can be considered to be a premine of sorts, we are between a rock and a hard place with (yet) no solutions that would have the unanimous support of everybody.

I can also be wrong concerning the future perception of "community premine".

It will take more than a GUI wallet to increase adoption.  You need tools that allow companies to use your coin in real business scenarios.  You need a way for those companies to get out of monero and into fiat so they can pay employees, taxes, cost of goods sold, etc...  There's an entire host of things that are needed to make this possible and they MUST be easy to use.  The only thing a monero GUI will be good for right now is a reason to pump the price.  That's it.

Besides tools (any coin can do this), I think the key to long term adoption will be a stable market value.  Wild price swings and uncertain markets will only keep real companies from investing long term in a coin and reduce the number of them willing to accept it as payment.  I think this is the problem with litecoin.  At it's high, ltc was like $45+/- and now its 4.50+/-.  Its 1/10th the price of the all time high.  Bitcoin on the other hand has seen 1/3-1/2 of its all time high in this same time period.  Had the GOX fiasco not happened, we probably would not of seen this much of a decline. 

Where the heck is this "community premine" coming from.  I've never seen this term used.  I understand what you're saying when you say it but why?  Who has claimed that monero is "community premine"?  I think you are putting a label on something that does not exist to help push your agenda.


1st year is 39%, after 4 years it is 86%.

I would much rather see us at <50% for 3-4 years, because a fully mined coin when there is no meaningful adoption (10s of millions of users at least) is likely to be superseded by a fork of the same, which is perceived as "more legitimate" since it is "not premined".

I don't think inflation is "good" but I find it hard to retain legitimacy in the view of the future generations without it. Crypto is not gold. Gold cannot be forked, crypto can. And has. And will.

Flat emission curve may also work, who knows?

I doubt Monero will ever see "10s of millions of users at least" but in an attempt to not crush your dreams, if monero were to see 10s of millions of users, inflation would be good.  With a max supply of around 18 million coins, that leaves very few coins to be had for a lot of people.  Especially considering that you own such a large %.  I guess with 10s of millions of users you can be considered a "community premine".

For long term support and growth of the coin, a reversal of the emission curve would be a better option.  If monero's user base was to expand, it would benefit the community and late adopters to have more coins available later in the game than earlier.  I do find it a bit funny how many of you consider DRK to be a 'shitcoin' or a 'instamined scam' yet you also like to use it for comparisons.  You should do your own thing.  Do something different.

I'll use generic numbers here to make my point easier.
So let's say we have 500 users now and 10 coins per block.  1 year from now we have 1000 users and 5 coins per block.  Earlier adopters "community premined" monero and those that come to the community later are getting the "short end of the stick".  A fairer emissions curve would be to have 5 coins per block now and 10 coins per block later.  The only benefit of a decrease in coins over time is it rewards early adopters.  With a decrease in emissions over time you are not supporting an increase in users.  You are not encouraging the community to grow.  You are actually supporting a decrease in users.  Why do you think most altcoins do this?  After the initial influx of users and the traditional pump and dump, many users leave and very few new users join.  A decrease in emissions relates to this trend.  If you truly believe monero's user base will increase, you should consider increasing emissions with the increase of the user base.

Reversing the emissions curve could help to even out the market over time if adoption increase.  If adoption does not increase, the price could fall with the increase in emissions.  I guess the question here is, how much do you believe in the coin and the increase in adoption?


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: nioc on October 03, 2014, 04:38:49 AM

The only benefit of a decrease in coins over time is it rewards early adopters.  With a decrease in emissions over time you are not supporting an increase in users.  You are not encouraging the community to grow.  You are actually supporting a decrease in users.  Why do you think most altcoins do this?  After the initial influx of users and the traditional pump and dump, many users leave and very few new users join.  A decrease in emissions relates to this trend.  If you truly believe monero's user base will increase, you should consider increasing emissions with the increase of the user base.

Reversing the emissions curve could help to even out the market over time if adoption increase.  If adoption does not increase, the price could fall with the increase in emissions.  I guess the question here is, how much do you believe in the coin and the increase in adoption?


I know you as one who doesn't drink koolaid.  You make some interesting points.

As to the bolded, I believe the a big reason most coins use this type of emissions curve is because btc does.  As far as benefiting early adopters, that was the point with btc as it was the first of it's kind and an incentive was needed to jump start the process.  I guess it is not needed to the same degree for that purpose now for new "real" coins. 

But how to change from where we are...............................................................


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Kuriso on October 03, 2014, 05:18:08 AM

The only benefit of a decrease in coins over time is it rewards early adopters.  With a decrease in emissions over time you are not supporting an increase in users.  You are not encouraging the community to grow.  You are actually supporting a decrease in users.  Why do you think most altcoins do this?  After the initial influx of users and the traditional pump and dump, many users leave and very few new users join.  A decrease in emissions relates to this trend.  If you truly believe monero's user base will increase, you should consider increasing emissions with the increase of the user base.

Reversing the emissions curve could help to even out the market over time if adoption increase.  If adoption does not increase, the price could fall with the increase in emissions.  I guess the question here is, how much do you believe in the coin and the increase in adoption?


I know you as one who doesn't drink koolaid.  You make some interesting points.

As to the bolded, I believe the a big reason most coins use this type of emissions curve is because btc does.  As far as benefiting early adopters, that was the point with btc as it was the first of it's kind and an incentive was needed to jump start the process.  I guess it is not needed to the same degree for that purpose now for new "real" coins. 

But how to change from where we are...............................................................

Yes you are correct about the curve for Bitcoin but it is not quite the same deal when comparing it with an altcoin.  If they are worried about being labeled as a 'community premine', they should really fix it.  I think i might of used the term emission curve in several places but I think I should of used a different term.  I've been sick and my head isnt on right lol but I think you'll get the point.  I may make an update in the morning.  Im going to bed.  Wanted to see MP v2 but now I'm tired of waiting on them to get their shit together.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: sleepdog on October 03, 2014, 07:51:52 AM
From the quiescence of this thread, in contrast to the rapid growth of the free-for-all thread, I feel forced to conclude that people are idiots.


Personally I was just hoping that this thread would be used for updates on development and general news about Monero, instead of tedious and often off-topic back and forth about politics and economics...  But I guess the official site may be a better source for that.

It's good not to have to wade through chest height troll droppings anyway.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: wachtwoord on October 03, 2014, 10:31:45 AM
How much monero do mew members have to have?

10 XMR is the minimum fee. This nominally corresponds to 1000 XMR holdings, although you can be much smaller or bigger if you like.

Can you direct me to the thread so I can read without joining? I read only version is fine as well.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: smooth on October 03, 2014, 12:03:41 PM
A few comments to clarify my earlier remarks about the funding question.

I've made the point that the current and past situation with a very small amount of voluntary donations is unsustainable, and it is, but some have interpreted that to mean there is immediate funding crisis, which is not the case. The core team is still covering the costs of the project out of our own resources and we are still volunteering a large amount of our time to work on the project.

All of the work we are capable of doing right now is being done. More immediate funding wouldn't get new people up to speed faster or even bring in more people (we are already in the process of adding two programmers right now).

"Unsustainable" means we do need to evolve the model otherwise we hit a dead end at some point, but that is likely months away, not days or weeks. Organizational improvements such as the creation of the MEW, some crowdfunding initiatives, etc. to be finalized over the next few weeks will probably push that back even more. My goal in even bringing up the topic was and is to ensure that the project is on sound financial footing before that crisis occurs, not to spark panic.

Also this should not be taken as lack of appreciation for those who have donated, nor to discourage MEW memberships or direct donations, because every little bit is definitely appreciated and does help.

I hope this helps clear up any misunderstandings.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: binaryFate on October 03, 2014, 12:20:23 PM
I don't know how close the GUI is from being functional. (Missive soon?).
But I think a beta version should be released as soon as possible. Even if not all detail features are there, even if the texts and traductions are not perfect.

And this, even if the database is not ready.
For a long time I thought the GUI was pointless when the DB was not ready, I think this was and is maybe still the consensus. But I changed my mind, mainly because of the time passed already, and therefore the possible accusations of "community mine" that will only keep growing. We are still seen as "as fair as possible", but not for a long time ahead.

Let's say so far Monero is for highly techy people. With the GUI (and without the DB), it can reach out to mildly techy people. We should not wait to have everything polished, all components like the DB ready, available to the low techy people, to release it.

If an official GUI is released as "Beta", or even "Alpha", and you need 4 or 6GB or RAM to run it, it's perfectly fine as long as requirements are clear. But we could already expand the user base to the mildly techies, and counter all possible accusations.

It can send and receive transactions? If yes, that is enough to release it. The only drawback is the possible required support to provide to users, but again, if it's clearly advertised as "Beta" or "Alpha", it's not much of a problem. The community at large can also handle support, not only the devs behind the GUI.

Sidenote, for the same reason I think the website should be updated. At this point it might be better to improve it incrementally rather than wait for perfection of completion of everything to release it.

In general I know there is a lot of work done by the core team, I am grateful to them. With all due respect, however, I think Monero needs some visible and tangible stuff to be released asap, and surely there are some stuff for which it's feasible in their current beta state.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rpietila on October 03, 2014, 12:22:26 PM
How much monero do mew members have to have?

10 XMR is the minimum fee. This nominally corresponds to 1000 XMR holdings, although you can be much smaller or bigger if you like.

Can you direct me to the thread so I can read without joining? I read only version is fine as well.

MEW ANN. (https://bitcointalk.org/index.php?topic=776479.0)


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: smooth on October 03, 2014, 12:35:07 PM
(Missive soon?).

Missive is planned for Monday so probably better to take up these issues again after that.



Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rpietila on October 03, 2014, 12:35:59 PM
Like smooth above, I also lived some time in confusion regarding the imminent development funding crisis. Since we have now got MEW communication tools up and running, the hearing today was very reassuring. There is no funding crisis. No significant extra funds could not even be committed right now, since the bottleneck in development is not money but qualified developers, and I am happy to say that we are in the forefront regarding this already, with more in the pipeline.  :) My proposal of a 20,000 XMR fundraiser was actually turned down! It is waiting for the time when it is needed.

MEW membership fees have already contributed 3,000+ XMR to the development, and this sum is expected to increase when MEW shows its usefulness and also in preparation for important votes coming later this year. Votepower is based on the amount contributed.

The future looks bright, especially considering that in USD terms, Moneros are now in 40% discount compared to as little as 1 month ago, and even in BTC terms, they are 25% cheaper.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: binaryFate on October 03, 2014, 12:38:03 PM
(Missive soon?).

Missive is planned for Monday so probably better to take up these issues again after that.

Ok, sure. Good to hear it's coming :)


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: wachtwoord on October 03, 2014, 01:20:38 PM
How much monero do mew members have to have?

10 XMR is the minimum fee. This nominally corresponds to 1000 XMR holdings, although you can be much smaller or bigger if you like.

Can you direct me to the thread so I can read without joining? I read only version is fine as well.

MEW ANN. (https://bitcointalk.org/index.php?topic=776479.0)

Thanks! I didn't get that was the thread with the actual content, sorry.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: dewdeded on October 03, 2014, 02:28:28 PM
Subbed.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rpietila on October 03, 2014, 02:31:12 PM
Thanks! I didn't get that was the thread with the actual content, sorry.

Well it kind of isn't, because the internal discussion happens in an IRC group open for members. It is totally non-functional idea to "separate" MEW from the community it is representing and serving, so the discussion about the topics is still possible in the Monero threads here, like it has been so far.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: dewdeded on October 03, 2014, 03:32:30 PM
rpietila: I going to setup an Monero related website, will be: mostly text-based, fact-based, HQ content info portal.

I would like to ask you, if I am allowed to use some of your very good writings/postings about Monero on this forum, mostly from your observer thread?
I want to "preserve" this content, type of information, so its on the web and burried in the thread.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rpietila on October 03, 2014, 04:32:51 PM
rpietila: I going to setup an Monero related website, will be: mostly text-based, fact-based, HQ content info portal.

I would like to ask you, if I am allowed to use some of your very good writings/postings about Monero on this forum, mostly from your observer thread?
I want to "preserve" this content, type of information, so its on the web and burried in the thread.

Yes, I believe information is free. If you want to attribute it to me, then please quote in context! :)


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: dewdeded on October 03, 2014, 04:56:05 PM
Yeah, I give you and everybody else full citation and link the source.
I believe information is free. Yes, still an act of professionalism to ask for permission.

As I want to support Monero out of belief, I am going work as good and professional as I can, to make the site as good as possible/perfect.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: nioc on October 03, 2014, 05:53:51 PM
(Missive soon?).

Missive is planned for Monday so probably better to take up these issues again after that.



I understand there is a great deal on our plate.

Am hoping to find out about
binaries for the latest release
changes in fee structure
db

I am also sure there is something else on peoples' minds.

No need to respond to the details of my post, I will patiently wait.  Thank you and everybody who contributes in any way they can.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Chicken76 on October 04, 2014, 09:20:20 AM
MoneroPool.com is fluctuating close to 50% of the total network hashrate (sometimes goes even above 50%).
Could the devs post here and in the unmoderated thread to urge miners to spread the hashrate around a bit? (It wouldn't hurt to mention cryptonotepool.org.uk as a pool donating 100% of fees to development, and also updated with the latest patch)
I know you have done this many times, but apparently it wasn't enough.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: iourzzz on October 04, 2014, 09:23:56 AM
First little batch of physical Monero coins is ready. It's brass, silver plated. Pure silver coins should come later. Each coin has unique ID that can be binded at our site to Monero address of your choice. Site is not finished yet, we are currently testing and polishing it. But in general it's working as alpha version.

Here is the short video of the Coins:
https://www.dropbox.com/s/bstp1domvay61wv/new%20coin.mp4?dl=0

If you are interested to get a Coin and did not contacted me before, please PM.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Oscilson on October 04, 2014, 09:46:59 AM
First little batch of physical Monero coins is ready. It's brass, silver plated. Pure silver coins should come later. Each coin has unique ID that can be binded at our site to Monero address of your choice. Site is not finished yet, we are currently testing and polishing it. But in general it's working as alpha version.

Here is the short video of the Coins:
https://www.dropbox.com/s/bstp1domvay61wv/new%20coin.mp4?dl=0

If you are interested to get a Coin and did not contacted me before, please PM.


Very shiny.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Shrikez on October 04, 2014, 10:00:36 AM
MoneroPool.com is fluctuating close to 50% of the total network hashrate (sometimes goes even above 50%).
Could the devs post here and in the unmoderated thread to urge miners to spread the hashrate around a bit? (It wouldn't hurt to mention cryptonotepool.org.uk as a pool donating 100% of fees to development, and also updated with the latest patch)
I know you have done this many times, but apparently it wasn't enough.

This.

I can't believe the mental inertia of some people.

Spread your hashes!


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: smooth on October 04, 2014, 11:37:06 AM
MoneroPool.com is fluctuating close to 50% of the total network hashrate (sometimes goes even above 50%).
Could the devs post here and in the unmoderated thread to urge miners to spread the hashrate around a bit? (It wouldn't hurt to mention cryptonotepool.org.uk as a pool donating 100% of fees to development, and also updated with the latest patch)
I know you have done this many times, but apparently it wasn't enough.


^ Important.

If you are mining on moneropool.com, please spread out to other pools. There is a list of pools here: https://bitcointalk.org/index.php?topic=583449.0

If possible please allocate some of your hash to solo mining. One way to do that is to solo mine on your CPU while you pool mine on your GPUs. You will get steady payments from your pool mining with maximum contribution to the security of the network and sporadic but bigger rewards from your solo mining. Likewise, if you are running a wallet/node/client, please activate mining in the node using the start_mining command. Every bit of hash rate helps.

In all cases with pool mining please make sure you have backup pools configured, especially with smaller pools as backups, since DDoS against larger pools is always a serious threat to any coin.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: binaryFate on October 06, 2014, 09:21:03 PM
Poloniex still a small exchange, liquidity is set to improve a lot when Cryptsy start trading Monero.

The same has been said about Mintpal. It's not guaranteed.

yeah, Monero needs the GUI and db finished, time is running out.

^ This.
It does not need to be perfect, but we need something very tangible and very soon.

Having a thoroughly thought, well-designed generic interface to any possible DB backend is cool, but if it comes when interest has faded away or the rest of the world consider we did a community mine, it's all wasted work.
Similarly, having a beautiful ergonomic wallet, with broad features and several languages perfectly translated is largely wasted if it comes too late.

I would love to see public beta (o alpha) versions, the community can also help to iteratively polish details then.
I have a feeling of excessive perfectionism from the core team. (we should aim at that, but not release only once we have reached that). I may be completely wrong, but this is the feeling I get being outside the core team, and following Monero very closely (not the git repo though).

So yes, Monero needs the GUI and db reasonably functional, because indeed time is running out.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: matthewh3 on October 06, 2014, 10:44:43 PM
Is there any news regarding Monero and I2p development.   


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: pa on October 07, 2014, 12:14:12 AM
Is there any news regarding Monero and I2p development.   

I think we are due for a Missive soon.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: smooth on October 07, 2014, 12:14:56 AM
Cross posted from ANN thread:

Monero Monday Missives

October 6th, 2014

Hello, and welcome to our thirteenth Monero Monday Missive! You'll notice a slight change in name - as of today we will be putting out a Missive every Monday. We want to start shifting the Missive from an announcement platform to a "week in review" platform. Traditionally the Missives have been a place for announcements, but all that is about to change.

Major Updates

1. We are happy to announce the launch of the official Monero forum. You can find it at https://forum.monero.cc

   
https://i.imgur.com/1o0M3YN.png (https://forum.monero.cc)

   Instead of using something existing and off-the-shelf we wrote our own. There were several reasons for this, but the primary reason is that there is functionality we required that simply does not exist in existing forum software. Additionally, the nature of forums has hardly changed in well over 20 years (phpBB was released in 2000, SMF that is used on Bitcointalk was released in 2003). The forum software will be open-sourced and released soon. You will find the following features on the new forum of interest:
   
  • A clean, modern, responsive interface that provides a threaded view of posts.
  • Support for those that choose to have JavaScript enabled or disabled in their browser.
  • Integration into the #bitcoin-otc Web of Trust. Currently this is one-way only, but the OTC WoT will soon start syncing back down.
  • In combination with that, GPG authentication that is also used as 2FA. When logging in you can choose how long to remain logged in for, so the level of protection you wish to exercise over your account is up to you.
  • The ability to rate users, as with the WoT. Ratings can be from -10 (untrusted) to 10 (trusted). We will also be adding tools to assist in visualising the trust relationships to forum members to assist with and encourage qualitative use of the WoT.
  • Posts and comments are weighted, and their position in the forum as well as their visibility is affected by this weighting. The weighting rules are still a work in progress and will mature over time, but they are primarily affected by four things: decrease as it decays over time, increases/decreases as users vote them insightful or irrelevant, and increases/decreases based on votes and child comments from users in your trust group (with influence up to a third level beyond your immediate trust group). The upshot of this is that the posts and comments that are most visible to you, and the order in which posts appear, is unique to you as a user, and depends entirely on your trust relationships. If a post is getting a lot of comments by people that you trust directly or indirectly (trust-of-trust and trust-of-trust-of-trust) you will personally see that post at the top more often than someone else who has no trust relationship with those commenters. We hope that this will, over time, lead to a more personal forum experience, one where troll and shill posts are effectively invisible, and you can focus on the posts and comments most important to you.
  • We are in the process of baking the funding system into the forum. You will notice that in the Development category there are 4 special sections: Ideas, Open Tasks, Funding Required, and Work in Progress. The way this will work is that anyone can suggest an idea in the Ideas section, whether it is a Monero feature, a peripheral task, or even something completely unrelated to direct development such as a gathering or conference. Once an idea reaches a level of maturity and community support (commensurate with the complexity of the idea, of course) it will be moved to Open Tasks by the Monero core team. At this juncture, a person, team, group, or even company can pitch to run with the task. Especially if they have not done anything Monero-related previously, they will need to detail why they are best suited to the task, and will need to give some indication as to what the cost will be, even if it is a bit of a thumb-suck. The core team will make a decision as to which candidate/group/team is going to run with the task, and the task will move to Funding Required. At this point the community will be able to fund the effort, with individuals being able to reach status levels and earn badges the more funding they provide. Once funding has exceeded 60% for that task work can begin and the task moves to Work in Progress, with a small stub left in Funding Required until the balance of the funding is met. The person or people working on the task can only request payment at most once a week, and funds will only be released if there is general agreement and observation by the community that the work is being done.
  • Posts and comments can contain MarkDown, including links, inline code blocks, multi-line code blocks, bold and italicised text, and inline images.
  • Private messaging, forum search, subscriptions, and so on will be added in the near future, but if you have a specific idea please create a post in the "Meta" section of the Monero Forum.
   
2. We are, therefore, going to be closing some of the threads here on Bitcointalk and linking them to the Monero Forum instead. It would be appreciated if all could follow suite, so that we have a single place for discussion and ongoing Monero-related efforts rather than having things spread out all over the place.

3. We have have been working hard in the background on the codebase, and the following additions are available in the source repository:

   
  • Major overhaul of the mnemonics system. This includes a brand new English wordlist designed from the ground up to minimise variant differences and to encourage adapting or memorising the list. It also adds an extra word as a checksum, so mnemonic seeds are now 25 words instead of 24. Finally, it adds multi-language support, with initial extra word lists in Japanese, Portuguese, and Spanish. If you would like to assist in creating a word list please get hold of us (by posting on the new forum, for instance!)
  • The addition of MoneroPulse, a loosely distributed checkpoint alert system. MoneroPulse will allow us to add both block hash checkpoints and blob hash checkpoints (to defeat attacks like the Block 202612 attack). For ordinary nodes that are checked at least occasionally, the daemon will notify you in angry red letters when your local chain doesn't meet a checkpoint. If you run an unattended node (merchant systems, pools, etc.) you will want to turn on the "--enforce-dns-checkpointing" flag so that these checkpoints are enforced and not merely notified.
  • In the event of someone being a nuisance and trying to disrupt the Monero blockchain, we can now also distribute checkpoints in a simple checkpoints.json file that can be dropped into the same folder as your blockchain. The JSON format is quite simple, and we have provided an example in the Dev Diary below. The combination of file and DNS checkpointing will allow us to respond extremely quickly and secure the blockchain in the event of an attack. Of course, these measures are temporary, and once the Monero network is significantly larger and stronger they will be unnecessary.
  • There have been a number of minor tweaks and bug fixes.
  • Please note that static builds still need to be finalised before we can tag a release, but we hope to have new binaries up shortly.

4. The Monero Research Lab is glad to release a new Research Bulletin, MRL-0003, entitled "Monero is Not That Mysterious". In it, the Monero ring signatures are broken down and analysed both cryptographically and mathematically. In conjunction with that, we are happy to announce the release of MiniNero, a Python implementation of the Monero ring signatures. This is a very basic reimplementation that produces valid ring signatures that are nearly Monero compatible, although slight differences occur due to the hashing and packing algorithms. You can find the MiniNero source code on Github: https://github.com/monero-project/mininero

5. Monero has been added to the Cryptsy voting list, and within a few short days it has shot up to number 2 on the voting list. Thanks to all that have voted and continue to vote!

Dev Diary

Core: file checkpointing. This is in the form of a checkpoints.json file added to the config_folder. This file is checked every 10 minutes, and new checkpoints are always enforced (it is assumed that if an attacker has write access to your config_folder they can just modify your blockchain without needing to do anything else). At its simplest, the file follows this format:

{
  "hashlines": [{
     "hash": "7cb10e29d67e1c069e6e11b17d30b809724255fee2f6868dc14cfc6ed44dfb25",
     "height": 22231
    },{
     "hash": "bbd604d2ba11ba27935e006ed39c9bfdd99b76bf4a50654bc1e1e61217962698",
     "height": 202612
  }]
}

Core: DNS checkpointing. This scans TXT records on the domains checkpoints.moneropulse.net/org/se/co every hour and, unless an enforce flag is set, notifies the user where checkpoints do not match. The records are all DNSSEC secured, although there is still some work to be done to provide cross-platform root trust anchors.

Build: the build system is a little precarious at the moment. We are working hard on improving it so that builds are easier and less problematic. Our focus is always on making sure the that "usual" dynamic build works, and static builds are thus a secondary concern. At this stage, static builds require a bit of massaging that we hope to have sorted out by the next tagged release.

Core: dga has kindly spend some time annotating and documenting the PoW algorithm in code. If you are working with the PoW algorithm you may find his notes in slow_hash.c to be extremely useful and revealing.

Until next week!

- updated by fluffypony


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: sleepdog on October 07, 2014, 07:56:13 AM
Not even a mention of GUI...  :(


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rpietila on October 07, 2014, 08:19:28 AM
Not even a mention of GUI...  :(

The missive is weekly, and the GUI is coming hopefully by Christmas. There is no need to mention it in every weekly bulletin unless there is something available for trial use or something :)

Otherwise excellent, very well written summary about the forum! I will have to join soon. My joining is the stress test to any software, because I am naturally dumb, and totally incapable of doing anything lower-level stuff with computers (most higher-level also, but my Excel skills keep me alive year after year). I will come back screaming YIPPEE when the registration has worked fine  ;D

Incidentally, we just started a MEW vote (https://bitcointalk.org/index.php?topic=812959.msg9102409#msg9102409) concerning whether to move "our" discussion to a new forum or try to continue discussing here. Since the announcement that a new dedicated forum actually is available, the support from members has moved to support the new forum.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: binaryFate on October 07, 2014, 10:07:16 PM
[...] the GUI is coming hopefully by Christmas. [...]

Can a core dev confirm this is indeed the time frame we're looking at?



Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rpietila on October 07, 2014, 10:27:35 PM
[...] the GUI is coming hopefully by Christmas. [...]

Can a core dev confirm this is indeed the time frame we're looking at?

It is my deadline only, don't push the devs!  ;D


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: nioc on October 07, 2014, 11:09:11 PM
Not even a mention of GUI...  :(

The missive is weekly, and the GUI is coming hopefully by Christmas. There is no need to mention it in every weekly bulletin unless there is something available for trial use or something :)

Otherwise excellent, very well written summary about the forum! I will have to join soon. My joining is the stress test to any software, because I am naturally dumb, and totally incapable of doing anything lower-level stuff with computers (most higher-level also, but my Excel skills keep me alive year after year). I will come back screaming YIPPEE when the registration has worked fine  ;D

Incidentally, we just started a MEW vote (https://bitcointalk.org/index.php?topic=812959.msg9102409#msg9102409) concerning whether to move "our" discussion to a new forum or try to continue discussing here. Since the announcement that a new dedicated forum actually is available, the support from members has moved to support the new forum.

From one idiot to another, registration was very easy ;)


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: David Latapie on October 08, 2014, 12:32:11 AM
[...] the GUI is coming hopefully by Christmas. [...]

Can a core dev confirm this is indeed the time frame we're looking at?
This is our guesstimation. You should better interpret it as "not before Christmas" than "at Christmas". And of course, it could happen that a time warp (pun intented) makes it available earlier.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Its About Sharing on October 08, 2014, 07:41:54 PM
Not even a mention of GUI...  :(

The missive is weekly, and the GUI is coming hopefully by Christmas. There is no need to mention it in every weekly bulletin unless there is something available for trial use or something :)

Otherwise excellent, very well written summary about the forum! I will have to join soon. My joining is the stress test to any software, because I am naturally dumb, and totally incapable of doing anything lower-level stuff with computers (most higher-level also, but my Excel skills keep me alive year after year). I will come back screaming YIPPEE when the registration has worked fine  ;D

Incidentally, we just started a MEW vote (https://bitcointalk.org/index.php?topic=812959.msg9102409#msg9102409) concerning whether to move "our" discussion to a new forum or try to continue discussing here. Since the announcement that a new dedicated forum actually is available, the support from members has moved to support the new forum.


I think it is a bit soon to start moving Monero content away. Just a simple reason: More people are going to discover Monero here. The Crypto field is in its infancy and outside of Bitcoin having it's own forum, I can't think of any other Cryptos that would warrant their own as well. Just my .02

IAS

ps - Really looking forward to Christmas  ;D


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: myagui on October 08, 2014, 10:55:38 PM
[...] I think it is a bit soon to start moving Monero content away. Just a simple reason: More people are going to discover Monero here. The Crypto field is in its infancy and outside of Bitcoin having it's own forum, I can't think of any other Cryptos that would warrant their own as well. [...]

While I agree that more people are going to discover Monero here, I just don't think that a dedicated Monero forum will take much away from that. The threads here - at least the main ones - will continue to exist and will most likely continue to enjoy significant activity.

The dedicated forum just adds to what already exists, a new location that effectively brings Monero to focus. A location where the Monero community can start taking a stronger shape and take on honest discussions about Monero's direction.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: smooth on October 08, 2014, 10:59:20 PM
While I agree that more people are going to discover Monero here, I just don't think that a dedicated Monero forum will take much away from that. The threads here - at least the main ones - will continue to exist and will most likely continue to enjoy significant activity.

The dedicated forum just adds to what already exists, a new location that effectively brings Monero to focus. A location where the Monero community can start taking a stronger shape and take on honest discussions about Monero's direction.

Well said. I think the best answer is to continue to use both.



Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Anon136 on October 09, 2014, 03:29:48 PM
[...] I think it is a bit soon to start moving Monero content away. Just a simple reason: More people are going to discover Monero here. The Crypto field is in its infancy and outside of Bitcoin having it's own forum, I can't think of any other Cryptos that would warrant their own as well. [...]

While I agree that more people are going to discover Monero here, I just don't think that a dedicated Monero forum will take much away from that. The threads here - at least the main ones - will continue to exist and will most likely continue to enjoy significant activity.

The dedicated forum just adds to what already exists, a new location that effectively brings Monero to focus. A location where the Monero community can start taking a stronger shape and take on honest discussions about Monero's direction.

hear, hear


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Anon136 on October 16, 2014, 05:28:44 AM
It looks like this thread is dying. Maybe it will become active again when monero rallies and the trolls crawl out of the woodworks.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: NewLiberty on October 16, 2014, 07:31:34 AM
It looks like this thread is dying. Maybe it will become active again when monero rallies and the trolls crawl out of the woodworks.
Don't confuse signal:noise ratio with death.
There is a lot happening, not all of it is ready for open discussion.


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: smooth on October 16, 2014, 07:33:42 AM
The discussion on the original thread has been much better lately so less clamoring for a moderated thread. It is nice that this one is here though, in case things get bad again (they probably will).



Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: rpietila on October 16, 2014, 04:52:43 PM
It looks like this thread is dying. Maybe it will become active again when monero rallies and the trolls crawl out of the woodworks.
Don't confuse signal:noise ratio with death.
There is a lot happening, not all of it is ready for open discussion.

Some even is (https://bitcointalk.org/index.php?topic=819073.msg9224518#msg9224518), yet trolls continue to paint it black:

How can it be bad for Monero if it is adopted as a mandatory currency in a world with potentially millions of people?

Don't you know that such things tie up enormous amounts, which has a tendency to prop up the price, which makes the millions of people get interested as they see the value rising, which makes them invest serious amounts?

If this is unclear, perhaps graduation from level0=troll is not happening soon... ;D


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: Roccker on October 16, 2014, 05:07:34 PM
Monero is not listed in 388 cryptocoins at cryptocoinrank?
http://www.cryptocoinrank.com (http://www.cryptocoinrank.com)


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: pa on October 16, 2014, 07:50:06 PM
How was Bitcoin being used when its price was about $1? Were there any merchants accepting it back then? What were the first steps in the development of its economy before Silk Road?

Of course history won't repeat itself, but what can Monero learn from Bitcoin's first couple of years?


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: farfiman on October 17, 2014, 03:06:07 PM
Monero is not listed in 388 cryptocoins at cryptocoinrank?
http://www.cryptocoinrank.com (http://www.cryptocoinrank.com)
strangely enough, bbr isn't either... pattern?


Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: smooth on October 17, 2014, 04:41:51 PM
How was Bitcoin being used when its price was about $1? Were there any merchants accepting it back then? What were the first steps in the development of its economy before Silk Road?

Of course history won't repeat itself, but what can Monero learn from Bitcoin's first couple of years?

I was around for single digits but not $1. I remember there being a few merchants. For example alpaca socks and a few VPS providers, and people selling some mining gadgets such as pcie risers. I don't remember much else. For the most part everything was focused on either mining or speculation (MtGox).




Title: Re: [XMR] Moderated Monero General Discussion Thread
Post by: pa on October 17, 2014, 05:04:48 PM
How was Bitcoin being used when its price was about $1? Were there any merchants accepting it back then? What were the first steps in the development of its economy before Silk Road?

Of course history won't repeat itself, but what can Monero learn from Bitcoin's first couple of years?

I was around for single digits but not $1. I remember there being a few merchants. For example alpaca socks and a few VPS providers, and people selling some mining gadgets such as pcie risers. I don't remember much else. For the most part everything was focused on either mining or speculation (MtGox).


I guess Roger Ver's MemoryDealers was the first big merchant to get on board. A trip down memory lane:

I've been reading all about bitcoins the last few nights and I am sold on the idea.

I'm proud to announce that http://www.memorydealers.com will now formally accept bit coins.

We are a decent size company with about 30 employees with expected sales revenue of close to $10M USD for 2011

If anyone needs any networking equipment,  I would be happy to help,  and I will accept payment in bit coins.
(Cisco, 3com, Foundry, Juniper, etc.  We specialize in transceivers such as GBIC, SFP+, X2, XFP etc)

If anyone has any experience implementing bitcoin into a normal website shopping cart,  please contact me.
I will have a bitcoin advertising banner on my website after our next website update.  (about 2 more weeks)

If you guys are happy with my efforts,  please feel free to send a few bitcoins my way.

15AERx25L4pD9tkKYoYxWgMSuvVNaNhvXG

Please let me know if you have any other thoughts or ideas on how I can help bitcoin grow along with my own business.


Roger Ver