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10921  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: August 15, 2014, 11:20:55 AM
Monero just four moths, has about 170 000 transations and has blockchain sized of almost 1GB.

Most of that comes from a brief period when pools were generating a huge number of huge transactions to do tiny payouts. At the present time the rate of growth is about 5 MB per day or <2 GB per year. I would show a graph of this but monerochain is down right now.
10922  Alternate cryptocurrencies / Altcoin Discussion / Re: Blowing the lid off the CryptoNote / Bytecoin scam on: August 15, 2014, 10:47:01 AM
Not a single fucking quote to back your bullshit claims up, typical of the Bytecoin sockpuppets.

It's not really typical from what I've seen. Most of the shills/sockpuppets just post one or two lines and can't avoid making obvious grammatical errors even then. This Rias guy seems to be somewhat different. I have no idea what his connection to bytecoin/cryptonote might be if any but he's not a run-of-the-mill shill.

I will say that a while back Rias asked me if I was part of bytecoin, which is a bit of a laugh, but you would think if he were part of bytecoin he would know whether or not I was. Of course, one can imagine all sorts of spy-vs-spy theories like that he asked me just to make me think that he wasn't part of bytecoin, etc. But I actually don't think he's one of them, probably just someone who was intrigued early on and got involved. I do agree the line up of dates, etc. between Rias and DStrange is odd, but I'm not totally convinced by this part of the story.

10923  Alternate cryptocurrencies / Altcoin Discussion / Re: Blowing the lid off the CryptoNote / Bytecoin scam on: August 15, 2014, 10:34:10 AM
What is and was hard for me to understand from the very beginning is the role of the cryptonote team. I have the feeling that there is a loose connection to bytecoin

It is pretty clear at this point that they are either one and the same or closely related.

I originally bought into the whole "separate organizations" story but when cryptonote started backing up the sham story about bytecoin being two years old in the deep web, they outed themselves.

I don't know why they have set things up this way with two apparent faces, but they are not independent.

10924  Alternate cryptocurrencies / Altcoin Discussion / Re: Blowing the lid off the CryptoNote / Bytecoin scam on: August 15, 2014, 10:29:28 AM
I had a discussion with an exchange owner in which we were marveling at the crude mechanism of the mining algorithm. This person asserted that some small changes could be made to make to the client to make it advantageous for a gpu. I mean, some of it was over my head but its probably blatantly obvious for anyone who knows their stuff.

There are already GPU miners (though they don' t have a huge advantage), so I'm not sure what he is talking about, but if you can find out more I'd certainly like to hear it.

10925  Alternate cryptocurrencies / Altcoin Discussion / Re: Blowing the lid off the CryptoNote / Bytecoin scam on: August 15, 2014, 10:08:14 AM
What can we say of this "smooth" charachter. The postings of this account were dead for an extended period of time then suddenly it begins posting again. I'm thinking its possibly a purchased account

Nope. I just lost interest in bitcoin for a while when the price crashed (which is why my account is not Hero by now). If someone were to buy an account from 2011, they'd be pretty stupid not to buy a Hero account.




10926  Alternate cryptocurrencies / Altcoin Discussion / Re: Blowing the lid off the CryptoNote / Bytecoin scam on: August 15, 2014, 10:05:13 AM
- Plagiarizing CryptoNote developer's code in the XMR repository

You're likely wrong about every single one of your accusations against Monero (I didn't take the time to go through them all) but this one is probably the most silly since everyone can verify that every single file in the Monero github has a Cryptonote copyright notice (don't shoot me if one or two are missing).

Quote
pla·gia·rize
ˈplājəˌrīz/
verb
take (the work or an idea of someone else) and pass it off as one's own

Nothing is being passed off here. Everyone knows that Monero is a cryptonote fork, and apparently cryptonote is in favor of forks. They even provide their own automated tool to create a cryptonote fork: https://cryptonotestarter.org/

So I have no idea who the hell you or what your agenda might be but accusing Monero of plagiarism of the cryptonote code is way off base.

It is also false with respect to any bug fixes that have been merged from upstream (or elsewhere). They have been credited as far as I know. If you know of a case where that did not happen let me know and I will have it fixed.
10927  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine on: August 15, 2014, 01:53:01 AM
the lack of fair coin launches

Valid point but way off topic. Take it elsewhere.


Not really off topic, but whatever you say.

It is off topic if you are talking about the lack of fair launches generally. We could certainly have a good discussion about what best practices might make coin launches not only more fair but more transparent and verifiably fair. But not here.

As for this coin, I agree with the developer that the issues with this coin's launch have been discussed here over and over again. Anyone researching it can and will find that information in Google.

Do you have anything new to add?

10928  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine on: August 15, 2014, 01:37:54 AM
the lack of fair coin launches

Valid point but way off topic. Take it elsewhere.
10929  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine on: August 15, 2014, 01:33:40 AM
Whats the daily emission on this? 10 years half the coins are mined. So calculated linearly, thats 250k coins per day.... the price seems right if not a little high for where it is in its life.

What is the actual amount of currently emitted coins? Coinmarketcap seems to be stuck on the number 5,918,721... and minichain.info doesnt load.

Given the 10 year smooth curve the number of coins per block is approximately constant over the so-far short life of the coin so just take the reward of (about 242) coins and multiply by the current height (29619) = 7167798. Not exact but good enough.
10930  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: August 15, 2014, 01:28:17 AM
If removing (non-mining) transaction dust and the resulting bloat is "trivial" then why is XMR lagging behind BBR in implementing that feature?

Stop being a troll and an idiot please.

Look at the BBR list of features and I quote (with bold emphasis added):

Quote
Removed Dust from block reward to reduce block chain size even more

The change in BBR is removing of mining dust, as I said.

XMR does remove non-mining dust. You obviously don't understand the handling of dust in the cryptonote design. It is somewhat clever.

10931  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: August 15, 2014, 12:41:28 AM
Because we know such Black Swans are inevitable, hloding 'PepsiCoins' like LTC and BBR is a much more rational action than buying lottery tickets that will most likely expire worthless.

I think most of your post is nonsense (for example removing mining dust is not only trivial but mathematically provable as trivial) but I agree with this part and I think BBR is a reasonable "second cryptonote" to hold as a hedge.

10932  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BCN] Bytecoin. Major update NOW! on: August 14, 2014, 11:20:29 PM
The first multi-sig transaction in Bitcoin was in block 170052. That happened in 07/03/2012.

That is exactly one day before Bytecoin launched. Coincidence? I don't think so.

What may have happened is that Satoshi, Cornel West and the rest of the Bytecoin team got together over a beer and decided to push their new multisig technology onto the Bitcoin blockchain as a hint of the bigger things to come.

Duh. God you're stupid not to know this. Rethink your fucking strategy already.

10933  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: August 14, 2014, 10:23:00 PM
This thread was created towards the end of May, and as you can see from http://monerochain.info/charts/transactions
that's where it began to get a bit of traction. I agree this scene is so fast moving, and agree it definitely had an affect,  but it still doesn't seem such a huge gap, especially taking into account the lower price and less-steep emission curve of BBR

This thread was created because because Monero was already getting enough speculative interest to attract rpietila's attention. Look at the graph on the old OTC thread. There was a day in mid-May when 50K XMR traded at a price of about 0.001. That's 50 BTC which is a huge amount for a coin not even trading on any major exchange at all! On May 20 (6 days before this thread), it traded over 100K XMR.

So yes that early period played a huge role.
10934  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: August 13, 2014, 07:48:59 PM
I think that XMR should change its algorithm.

My XMR blockchain was 6 days behind the network: 8600 blocks unsync-ed. It took me 40 minutes sync-ing the blockchain from 1h33 - 2h25 PM

That's a hash rate of 4/sec. Doubtful the PoW algorithm had much to do with this. What device is it?

PoW is not the only difference between BBR and XMR. Another is many more transactions on XMR. Or you may simply have been connected to slower peers.


Same laptop: Dell Inspiron 15 - Intel Core i5 - 4200U 1.6 Ghz - 6 GB RAM. XMR is always much slower than BBR on my laptop. I open XMR wallet more often than BBR one: every day or every 3-4 days. XMR daemon is slow all the time. It is strange that BBR can sync the blockchain much much faster than XMR

I have an idea. It might be frequency scaling. You will get poor performance with the quick bursts of CPU activity of verification but not mining. If this proves to be true we can probably at least optionally bypass scaling during resyncs. I'm interested in both the log data cryptozeidberg asked for as well as single thread mining speed.

Agree, also was thinking about this, that's why i asked for logs from blockchain storage, also it shows both time intervals - whole block processing time, and PoW calcalation time, so we could see how much time is spended for Pow and and how much transactions.


Although...in my experience syncing usually maxes out my CPU (which is faster than his) so that argues against scaling. I guess we need to dig into this some more. 
10935  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: August 13, 2014, 07:30:37 PM
I think that XMR should change its algorithm.

My XMR blockchain was 6 days behind the network: 8600 blocks unsync-ed. It took me 40 minutes sync-ing the blockchain from 1h33 - 2h25 PM

That's a hash rate of 4/sec. Doubtful the PoW algorithm had much to do with this. What device is it?

PoW is not the only difference between BBR and XMR. Another is many more transactions on XMR. Or you may simply have been connected to slower peers.


Same laptop: Dell Inspiron 15 - Intel Core i5 - 4200U 1.6 Ghz - 6 GB RAM. XMR is always much slower than BBR on my laptop. I open XMR wallet more often than BBR one: every day or every 3-4 days. XMR daemon is slow all the time. It is strange that BBR can sync the blockchain much much faster than XMR

I have an idea. It might be frequency scaling. You will get poor performance with the quick bursts of CPU activity of verification but not mining. If this proves to be true we can probably at least optionally bypass scaling during resyncs. I'm interested in both the log data crypto_zoidberg asked for as well as single thread mining speed.
10936  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: August 13, 2014, 06:09:34 PM
I think that XMR should change its algorithm.

My XMR blockchain was 6 days behind the network: 8600 blocks unsync-ed. It took me 40 minutes sync-ing the blockchain from 1h33 - 2h25 PM

That's a hash rate of 4/sec. Doubtful the PoW algorithm had much to do with this. What device is it?

PoW is not the only difference between BBR and XMR. Another is many more transactions on XMR. Or you may simply have been connected to slower peers.


Another difference is block interval - Monero have twice more blocks per day.

Sure but why would he be syncing at only 4 blocks/sec? That's a very low rate.

10937  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: August 13, 2014, 04:14:59 PM
I think that XMR should change its algorithm.

My XMR blockchain was 6 days behind the network: 8600 blocks unsync-ed. It took me 40 minutes sync-ing the blockchain from 1h33 - 2h25 PM

That's a hash rate of 4/sec. Doubtful the PoW algorithm had much to do with this. What device is it?

PoW is not the only difference between BBR and XMR. Another is many more transactions on XMR. Or you may simply have been connected to slower peers.


Same laptop: Dell Inspiron 15 - Intel Core i5 - 4200U 1.6 Ghz - 6 GB RAM. XMR is always much slower than BBR on my laptop. I open XMR wallet more often than BBR one: every day or every 3-4 days. XMR daemon is slow all the time. It is strange that BBR can sync the blockchain much much faster than XMR

The 4200U has AES-NI so verification should be extremely fast...much faster than 4 H/s. If you try start_mining 1 in the wallet and then do show_hr in the daemon what hash rate do you get?

I'm pretty sure you are seeing some other bottleneck besides the hash algorithm, though what that is exactly I'm not sure.

10938  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero (XMR) Speculation thread on: August 13, 2014, 02:55:16 PM
Re:shilltrolls. That is hard to avoid because monero is so good.

There are private forums, and one will probably be set up soon as part of some initiatives that I know of, but cannot tell of, but know of so much that am buying right now, perhaps the last week of cheap monero.
Please set up a private forum so we don't have to wade through a bunch of Monero posts to find what we want.

How exactly does that work on the Monero Speculation thread?

Looks like you made a wrong turn and ended up here by mistake. These things happen.
10939  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero (XMR) Speculation thread on: August 13, 2014, 01:21:52 PM
They're just troll/spam accounts that for some reason have now adopted a strategy of posts that are just as poorly written as the previous I-hate-XMR posts but are now I-love-XMR. Why they are doing this (other than increasing post count) I have no idea.

10940  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: August 13, 2014, 12:07:33 PM
I think that XMR should change its algorithm.

My XMR blockchain was 6 days behind the network: 8600 blocks unsync-ed. It took me 40 minutes sync-ing the blockchain from 1h33 - 2h25 PM

That's a hash rate of 4/sec. Doubtful the PoW algorithm had much to do with this. What device is it?

PoW is not the only difference between BBR and XMR. Another is many more transactions on XMR. Or you may simply have been connected to slower peers.



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