Like I stated in IRC, I am not part of the "dev team", I never was. Pardon my error. NoodleDoodle was only unofficial part of the dev team at the time, but is now official, as verified here: https://bitcointalk.org/index.php?topic=583449.msg7098497#msg7098497Boolberry certainly didn't copy this un-cripple 'fix' or optimization as you like to call it. This issue did not apply to BBR at all. It seems logical that another actor (perhaps relating to XMR team if you're a fan of conspiracy theories, or conceivably someone previously involved in bytecoin, -- who naturally would be aware, OR an entirely independent user who has basic coding knowledge and few minutes to spare glancing over the code) had realised this and was operating at a significant advantage for some time. As I explained, the code was unchanged from the original bytecoin public release, whenever that was (some time before MRO that's for sure), until then-friend-of-monero-and-now-monero-developer NoodleDoodle fixed it. |
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Simple. The code came that way from bytecoin, from which MRO was forked (or alternately relaunched), and was supposedly going for two years. So somehow that little gem was "missed" by them for two years. When the Monero team discovered the issue, we released it, and then most of the other cryptonote coins copied it, as I said. Were it not for the Monero team fixing it, would it have been allowed to continue for another two years? EDIT: And no, we did not carefully review 100K lines of code before the fork/relaunch. If we did you would still be waiting for the coin. That work is still under way. For that matter the other CryptoNote coins are doing the same thing. We all push out fixes and improvements as we find them, often adopted by all. |
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Of course, GPU miner was not ready on day 1
Not knowable. The algorithm was discussed for a little while, and there was a testnet, development could have started before launch, and perhaps only a few tweaks were required at launch, if that. This is all speculation of course, but you can't say for sure how quickly a GPU miner was ready. Even to this day there are only private GPU miners. Even the CPU miner was poorly written and poorly scrutinized (the whole design was rushed) so the public code was very unoptimized and still is not well optimized to this day. You could say the same about CryptoNight except that within a few weeks of launch, the Monero team was releasing optimized mining code (which got copied to the other CN coins) and now even the very best coders are struggling to make big gains. So far, we have an account of a single entity at a ~2x advantage
You are way off. If you understood how GPUs work you would realize this. |
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The GPU is a small problem for BoolBerry. Scratchpad increase will reduce the gap. Hardfork is possible. mining with MIC-like architecture on Monero is also more profitable than CPU  but not the case with BoolBerry That makes it an even bigger problem, because its an insanely large advantage for a few very early adopters that won't be possible later (i.e. instamine). I'm not sure about this whole, "it's all sand" argument about ASICs. NRE matters. You have to get a big enough advantage from the design over its useful lifetime for the chip to ever get designed and manufactured. A small edge over more general purpose hardware that are manufactured in greater quantity with much larger R&D budgets won't cut it. |
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What exactly is BBR using?
Same bytecoin original code base. I am not now sufficiently informed to give accurate details on the specific improvements. I merely provide digest information which I deem sufficiently reliable to usefully report. The reputed changes affecting privacy are small tweaks to the cryptonote protocol, making it easier to use the privacy features correctly. Correct. |
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I am the masses. I'm interested i'm Monero due to the involvement of people I respect. I have no computer skills. My new computer is windows 8.1 with a pentium chip  so I wont be mining. You NEED to start mining. Don:t use a pool. Just be patient. As you suggested and after some head scratching I set up and started to mine solo and now realize that at my current hr and difficulty the avg time to find a block is 300 days. Maybe we have a different definition of patience. Excellent. You are now an infrastructure operator. In roughly 300 days, if you are patient, you will be rewarded with enough monero so that, if xmr denominates merely half of all black market transactions with typical velocity 10 years from now, you will be able to buy a nice, modest house in a pleasant town about an hour' s drive from an airport - or you could send one child to harvard. Actually difficulty will rise meanwhile, so it might take two years or so. Now you understand the value of an xmr better, and can decide whether to burn some fiat on a much better rational and informed basis. Meanwhile, as an xmr holder, your mining is benefitting yourself by increasing the value of your xmr. When I urged you to solomine difficulty was lower and I assumed your hash rate was higher. Nonetheless, the experience and understanding gained are likely to serve you well, and a shot at a block reward surely won't hurt. But best of all would be if the experience taught you not to take advice from strangers on the Internet. I am quoting this to look back in two years  i'm pretty sure it will still be a bad idea to take advice from strangers on in the internet. |
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Daily duck deal! (supersedes all previous offers)
selling 30m for 0.5 BTC (30m minimum) expires end of day UTC 6/18
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I think he forgot to take into account that botnets mine for free.
This is false. Botnets are a finite resource and therefore a cost applies. Opportunity cost if nothing else. If botnets could really mine for free they would be 99.9% of every single coin. Even ASIC coins would be taken over, since free beats high efficiency with cost. |
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Savers are useless non-contributors. Not that there's anything wrong with saving, but economies of scale don't depend on it, and so there's no economic justification to encourage it.
You cannot be more wrong. Saving is simply deferred spending. It's spending later vs. spending now. You could argue that incentivizing spending over saving is transferring prosperity from the future to the present. In the end it's a zero sum. More than that. Saving is required for capital formation. Many enterprises and much innovation depends upon capital formation. Without capital formation it is much closer to net zero-sum. With capital formation, it is more like win-win than it is without it. Yup. http://en.wikipedia.org/wiki/Savings_identityThe caveat is that not all investment is actually useful investment. For example, building up inventory of unsold goods is considered investment in accounting terms, even though the goods may not be wanted and may never be sold. That said, you do need savings for there to be (good) investment. |
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Daily duck deal! (supersedes all previous offers)
selling 30m for 0.6 BTC (30m minimum) expires end of day UTC 6/16
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Botnets are a non-issue dude, they're a finite resource that most people need to pay for. Anyone owning high end GPU cards should have an antivirus .. end of story (in fact most monero virsues are picked up quite fast these days because of the unicorn botnets).
Since when botnets and virsuses stop being a problem? Viruses makes currency using unfair. Botnets makes currency not liquid. Imo you are not right, bro. Botnets have zero effect on a currency being liquid. This is one of the stupidest arguments ever. It doesn't really matter who mines the coins. Botnets secure the block chain just like everyone else, and as explained they are a finite resource, they will come and go depending on the profitability of mining one coin vs. mining another coin vs. doing something other than mining. Mining is actually not really their ideal use because it has a high footprint, so increased detection (and therefore elimination) of nodes. Also, since you seem to be one of the BCN sock puppets, I'll point out that BCN is exactly the same as MRO mining. Botnets are an issue for both or neither. (I think neither, but if you disagree, and think both, then take it up with the BCN guys too.) |
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Set up your own pool. If you can't, just solo CPU mine. It's fairly competitive anyway. Failing all that, at least spread out to smaller pools. |
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How about we put up a bounty to find the person(s) who initiated the DDOS attack on Moneropool.org and exact justice - cut off their fingers - All of them.
Think there is a hidden compliment in there. Not even hidden. Nobody attacks an unsuccessful coin. Now I don't want to be quoted out of context. I never support endorse criminal activity, but in a sense the DDOS of larger pools actually does the coin a service, by encouraging decentralization for a while. Learn your lesson and get the hell off the big pools and spread out or even better solo mine. Lest we end up like bitcoin. Not a good thing what is happening over there. (The developers of this coin are committed to long term centralization solutions, but they are just that, long term. In the mean time we need preventive measures as well.) |
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Anyone else having transaction size too big when trying transfer xmr out to an exchange?
For some reason if I have 50xmr I have to send them in 10xmr chunks to get anything to transfer out.
Any ideas?
You had received too many dust transactions from pool and this is the reason. We're waiting for more improvement for pool software. At the moment you can try to send your coins by small chunks to new wallet of yours and that new wallet will be fine. Correct. Other remedy is to swtich to a smaller pool or solo mine. You will get less frequent larger payments so no dust issue. |
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MRO is this next BTC!
I just sold my house, my wife, and my car. Now you better be right! Too bad about the house and the car. Congrats though. |
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Daily duck deal! (supersedes all previous offers)
selling 30m for 0.7 BTC (30m minimum) expires end of day UTC 6/15
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So I need to provide my address now?
Yes you have 2% of the bounty coming to you. Need MRO, BCN, and BTC addresses. |
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Supersedes all previous offers
selling 30m for 0.8 BTC (30m minimum) expires end of day UTC 6/14
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I own Monero, but have never been to this thread. I saw someone say that "scaling issues" could potentially be an issue. Is there somewhere I can see this issue defined and addressed? Thanks and peace to all  I'm guessing whoever said that was shilling for DRK or some such, or you are. |
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In the meantime, everyone should try to move their hashing power around to non-major pools in an effort to cut down on dust. Note that mining dust hurts your profitability as well, as you need to generate more tx (and spend more fees) in order to transfer it anywhere.
Exactly. Try to find a pool that is no bigger than 100-200x your own hashrate. If you are only using one computer with 200 H/s, try to find a smaller pool that is 20 KH/s or smaller. If you a larger miner, you can use the larger pools, but try to keep to the above guideline to avoid the dust issue. Shortly: it's so easy to ask others to do this! I am a tiny miner. But I will not go to a pool with less that 100kH/s. Why? Because I am not patient enough to wait maybe one day for a block. And I am sure that many others think the same. So, if you want the many small miners to move their hashing power, you big miners should do that first. From one pool of 1.5 GH/s there's plenty of you that can move around. The others (us) will have then real choices. Honestly you have no choice. I'm not suggesting this here for the purpose of balancing the network, but for your own benefit. If you mine with a big pool using the current pool software, you will receive many tiny payments (dust) that you either won't be able to spend at all or will only be able to spend with a complex process of sending multiple transaction and paying a lot of transaction fees. BTW, the net hash rate is about 5m. A pool with a hash rate of 50k should get about 1% of the network blocks, which is 14 blocks per day, much more than one per day. Any pool with 50kh that makes you wait a day to find a block is broken, which unfortunately is more common than it should be given issues with the pool software. Follow my advice if you want to get decent returns on your mining. Really. |
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