It was not.

We received no reports from him about anything. He's provided no proof of anything beyond commenting on a vulnerability after it was already public.

Even after Craig Wright, people still fall for this shit?

Amongst the first, the details of the complicated math are in the white paper, but that is the gist of it. Some of the early marketing material incorrect says "the first" but that is slowly getting cleaned up.

LOL no. We offered him a bounty for identifying weaknesses in Monero in 2014*, which I paid him and he has written about on the forum many times since. Nothing has been kept secret.

Nice FUD though.

* This was in connection with the alleged coin-stealing vulnerability in the crypto BCX claimed to have, and which TPTB claimed to have found, but which turned out to be nonexistant FUD. What TPTB found had nothing to do with BCX but was still a valid contribution so I paid him anyway.

So the problem is that cryptocurrencies are volatile? What did Dash just do in the past 24 hours, or what Ethereum does on a regular basis, or Bitcoin occasionally (though it seems to have lost a bit of a its volatility recently) or any of the others that people actually pay attention to. The only ones with really, really low volatility are the flatline ones.

WTF, seriously?!

Except that it really doesn't. Who is to say what the "right" price should be? If Monero had lost 99.9% of its value and were trading at $10K market cap from the usual range these days of $9 or $10 million, then you would have a point. But it hasn't and you don't.

Of course Monero isn't perfect, that's silly. But if your measure of success and merit is "price action", then we all just stick with Bitcoin (priced at anywhere from ten times to a million times higher than anything else) and forget all the rest, which many cryptocurrency advocates literally believe to be fair.

And you know that isn't also happening? Maybe their belief is that showing price increases and spectacular volume is the way to sell ETH to the market, and selling a billion dollar cap coin as legitimate to market is well worth some fees.


It would be a big deal if you actually had evidence.

"r0ach said so" does not make it a big deal.

Sure, no one disagrees with that. If and when Monero has any chance in hell of being used for retail payments (which no crypto is today to any significant degree, including Bitcoin) it will have some layered solution. At this point such a thing would be useless, and the technology to do it right (not some candy-for-speculators "instant transactions" that only works because no one is seriously trying to break it, or because it has latent centralization) doesn't quite exist yet.


'Mostly' is not true when you consider major efforts on things like LMDB support, performance, cryptography for RingCT, etc. Bug fixes are usually small so there are many individual commits. I don't see any difference compared to other coins with active development and that actually discloses individual code changes on github (some projects do bulk commits to hide their work -- we don't). In a similar conversation recently with a Dash supporter, I pointed out that nearly all of the last 20 commits on Dash are also bug fixes. That's how software development works.

Either way, you haven't shown that there are more bugs in the code now than other coins.


I've not seen anyone complain about the speed, other than first-sync. When I tried it (once -- I usually use my own full node though), it was pretty fast. Certainly fast enough for current uses as a leading edge experiment and speculation given that significant point of sale usage for any crypto doesn't exist and won't exist any time soon (see above). And for that matter, 99.9% of what little point-of-sale stuff does exist today is usually unsafe Bitcoin zeroconf which you can do with Monero as well.


The market decides the value, I don't, and I don't really care either. The work on the technology continues, that's what most of our community is interested in (with some exceptions who are pure speculators and want to trade swings sure). Nice how you admit that you have no idea what the inflation rate is, or how it compares to other coins. You simply comment on the price, which is a pretty silly criticism considering the price is higher than all but 9 or 10 of the other cryptos in existence (and the market cap is higher than at any time in the coin's history except the very recent peak).


No, it is often worth far more. Are you are aware that most important products today are built from pre-existing software, usually open source but sometimes not (iOS -- XNU/BSD/KHTML, etc., Android -- Linux/Java/KHTML/etc., countless others), which are then combined, repackaged, and improved to make them more useful. Monero has done much the same, combining Cryptonote with LMDB, libunbound, probably a few other libraries I'm not remembering, and stuff we've developed on our own (OpenAlias, MRL improvements, RingCT, etc.) That's how software is done.

I'd apply this to Vcash too, by the way, if your scumbag developer didn't lie about using Bitcoin's code. There is nothing wrong with using Bitcoin's code and building on it (like say Dash), if the end result is good, just don't misrepresent it.


They did release some. Most of the other Cryptonote clone coins were run by them. They all lacked the development and community support of Monero and died. The whole game for them was trying to scam us with a hidden 82% premine. When that failed, the torch passed to Monero.

Like I said, large traders might get more discounts than the public fee schedule. That doesn't mean Polo itself is wash trading, plus as tokeweed pointed out, other exchanges trade a lot of Eth too. Unless they are all conspiring, they're not in on it. More likely if it is going on, the people involved are independent of the exchanges.

I'm not sure what you're disagreeing with. There are certainly other exchanges in the crypto space that charge zero fees, meaning if wash trading does occur (LOL if anyone doubts it), the people doing it don't even need to pay the fees in order to create fake volume.

In terms of Polo, I don't know if they offer any discounts or rebates privately beyond what they give everyone, but it is not unusual, or even improper, to give incentive discounts or rebates to high volume market makers. I've been offered this in the past by other crypto exchanges (not Polo).

I agree with you that the original premise of Polo being in on the wash trading is unlikely, but I wasn't suggesting that at all.

You could be right, time will tell.


Most rational cryptocurrency experts would not consider 2 minutes particularly slow, if anything it is on the fast side.


I see no evidence it has proportionality more bugs than any other codebase. You're talking out of your ass unless you have specific metrics.


This is wrong, people are using remote nodes using lightwallet (gui) or simplewallet (cli) regularly. There was just an improvement committed to this that speeds up first-sync by orders of magnitude.


Maybe. Somewhat subjective but in any case the inflation is certainly declining rapidly.


Certainly misleading. There have been major improvements over two years since the fork. I wouldn't consider the original to have a viable solution, only the outline of one. It is certainly no longer at all competitive with Monero in terms of delivered privacy (and that's not even including the upcoming RingCT improvements).

It's also not "the only thing it has going for it". There are other valuable features such as the proven elastic block size, simplified and space-efficient transaction format, use of well-vetted and highly-efficient djb crypto codes, etc.

Or in the case of zero fee exchanges (not Poloniex according to their posted fee rates, but who knows what private discounts/rebates may exist), you don't even have to pay the fee to do it.

Voxels isn't even a coin, just counterparty or omni token spam. I don't remember which.

Decred is a pretty decent project, in the sense that a lot of work went into it, and it is trying to do interesting things with refined PoS+PoW hybrid, voting, etc. I don't see any reason that shouldn't be listed.

For a while Poloniex seemed to lay off listing every piece of shit, but they seem back on that game. Maybe it has something to do with the topic of this thread; they fear the end of the ETH windfall and need to get back to their core business of listing garbage.

Exploits on the blockchain, nice!

Since they're on the blockchain, can you please point those out in a chain explorer? Here are a couple you can use:

moneroblocks.info
chainradar.com

There probably is wash trading in many of these coins, but I'd say it isn't clear they don't just pay the 0.05% fee. That seems an acceptable cost of doing business to the extent it draws in millions of dollars of new money to the ecosystem.

Maybe Poloniex is involved (of which I have no evidence either), or maybe they just worked hard to avoid screwing up while others dropped around them until they ended up being the biggest crypto exchange that is able to benefit from the trading windfall, wash trading or otherwise.

I would say it really doesn't really matter what people advocate. If these systems are technologically feasible they will exist. It is 100% pointless to argue what 'should' occur in this exact context. The context is important because it is suggested that it is "impossible" for a copyright holder to enforce. That being the case, if you don't like it or don't think it leads to the kind of society you want, that's just too fucking bad; get over it.

The same is true for decentralized and private cryptocurrencies, to the extent they have a demand at all.

Post a link to the tweet showing a timestamp before the incident was already known to the public or consider yourself debunked.

The one described as 13 was fixed four months ago, so its silly to call that a zero day (zero day minus 4 months?)

As for the rest, who knows. Impossible to respond to vague unsupported claims.

If you are really a "bagholder" you're a pretty dumb one.

1. There are multiple GUI wallets, and have been since a few months after launch. At least 5-6. If people really cared about that, they would catch on more, but they don't, because casual users are usually happy with a web wallet (why blockchain.info and coinbase are the most popular BTC wallets) and most of the more serious users are happy with CLI. Currently only one GUI is still maintained, I think, mostly due to lack of interest, but some of the others may still work.

2. You don't "need a shitload of RAM" since the database version, released January 1, 2016 (with three updates since), so almost six months now. It runs fine on Raspberry Pi 1A+ and other tiny computers (I don't think anyone has tried the Pi Zero). I've also seen screen shots showing it run in like 50 MB or less on a Mac.

What's Monero's problem? None at all really, there are just a lot of shitcoin scammers and their sock puppets (most of the posts on this thread probably, and the other one run by one of those scammers where my replies are selectively deleted) who hate us, and that's a sign we're doing something right.