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Local => Alt Coins (India) => Topic started by: pandher on January 12, 2015, 12:16:03 PM



Title: Monero
Post by: pandher on January 12, 2015, 12:16:03 PM
Anyone following Monero here?


Title: Re: Monero
Post by: newIndia on January 12, 2015, 02:23:26 PM
Anyone following Monero here?

Belongs to => https://bitcointalk.org/index.php?board=125.0


Title: Re: Monero
Post by: sgk on January 20, 2015, 09:12:24 AM
Anyone following Monero here?

I used to own a few of them, lost interest a while ago. Sold all.
To me it is nothing but a bot-mined clone of Bytecoin. It was hyped in name of fair distribution, but nothing great to offer.

Bytecoin was the first and original cryptonote coin and I appreciate that.


Title: Re: Monero
Post by: legendster on January 21, 2015, 09:34:31 AM
Any kind of Alternate crypto currency is almost a sure shot sinking ship, unless they can introduce some game changing upgrades.


Title: Re: Monero
Post by: pandher on January 23, 2015, 07:12:10 AM
Anyone following Monero here?
Bytecoin was the first and original cryptonote coin and I appreciate that.

Tenebrix was the original scrypt coin, but premined. A clone litecoin succeeded because it was fair


Title: Re: Monero
Post by: pandher on March 01, 2015, 04:44:58 PM
Any kind of Alternate crypto currency is almost a sure shot sinking ship

There is a common trait among highly successful people. They can adapt or change themselves to the next best opportunity. They are not emotionally stuck anywhere

Quote from: legendster
unless they can introduce some game changing upgrades

Monero infact is not an upgrade, heck not an alternative even.

Its a complement to the public ledger called blockchain. Its the anonymous system for the well needed stealth transactions. Its not based on bitcoin codebase, its coded from scratch. Uses a different protocol, the cryptonote protocol.


Title: Re: Monero
Post by: RocketSingh on March 01, 2015, 09:41:27 PM
Any kind of Alternate crypto currency is almost a sure shot sinking ship

There is a common trait among highly successful people. They can adapt or change themselves to the next best opportunity. They are not emotionally stuck anywhere

Quote from: legendster
unless they can introduce some game changing upgrades

Monero infact is not an upgrade, heck not an alternative even.

Its a complement to the public ledger called blockchain. Its the anonymous system for the well needed stealth transactions. Its not based on bitcoin codebase, its coded from scratch. Uses a different protocol, the cryptonote protocol.


Is it CPU/GPU minable or PoS ?


Title: Re: Monero
Post by: pandher on March 01, 2015, 09:48:01 PM
Is it CPU/GPU minable or PoS ?

CPU + GPU mining (about 1:1 performance for now). Memory-bound by design using AES encryption and several SHA-3 candidates


Title: Re: Monero
Post by: RocketSingh on March 01, 2015, 10:00:24 PM
Is it CPU/GPU minable or PoS ?

CPU + GPU mining (about 1:1 performance for now). Memory-bound by design using AES encryption and several SHA-3 candidates

Are memory bound coins confined to CPU/GPU mining or there are also some specialized hardware for them ? How much RAM you think is good on a CPU to mine Monero ? Is it minable by Pentium-III machine ?


Title: Re: Monero
Post by: pandher on March 01, 2015, 10:14:39 PM
Are memory bound coins confined to CPU/GPU mining or there are also some specialized hardware for them ? How much RAM you think is good on a CPU to mine Monero ? Is it minable by Pentium-III machine ?

For the time being no ASIC hardware exists, even if it did, no gigantic power increase would be seen.

For all your questions, here's the thread - https://bitcointalk.org/index.php?topic=583449.0


Title: Re: Monero
Post by: RocketSingh on March 01, 2015, 11:42:28 PM
Are memory bound coins confined to CPU/GPU mining or there are also some specialized hardware for them ? How much RAM you think is good on a CPU to mine Monero ? Is it minable by Pentium-III machine ?

For the time being no ASIC hardware exists, even if it did, no gigantic power increase would be seen.

For all your questions, here's the thread - https://bitcointalk.org/index.php?topic=583449.0


Can you please tell me what does Monero mean ? I mean does it have any meaning or just a name ?


Title: Re: Monero
Post by: chronicsky on March 02, 2015, 04:54:22 AM

Can you please tell me what does Monero mean ? I mean does it have any meaning or just a name ?


It is an alt coin which you can mine from your CPU/GPU

Read here for more details:

https://bitcointalk.org/index.php?topic=583449.0


Title: Re: Monero
Post by: pandher on March 02, 2015, 07:59:53 AM
Can you please tell me what does Monero mean ? I mean does it have any meaning or just a name ?

Monero means money in esperanto