Update from Shen Noether regarding Ring CT implementation for Monero. I have to admit I spotted this one a bit late: |
|
|
|
Update from Shen Noether regarding Ring CT implementation for Monero. I have to admit I spotted this one a bit late: |
|
|
|
** MONERO MISSIVE SPECIAL EDITION - 2015 YEAR IN REVIEW **
|
|
|
|
** MONERO MISSIVE SPECIAL EDITION - 2015 YEAR IN REVIEW **
|
|
|
|
They speak of having a trading technique. Why anyone, that is good at trading, would want to make money for the other people? Posted this one yesterday without reading... People willing to use that trading technique probably have to pay a fee for it, same idea as hedge funds. |
|
|
|
I told you all to dump XMR and buy ETH couple of weeks back.. ETH can and will replace everything XMR does in a couple of lines of code! (btw. my ETH stash is worth a real fortune now, thanks monero!!).
I'm now cost-averaging, every XMR I mine I dump for ETH, whatever the price. Do the same, thank me later.
I call BS. If you want to sell XMR for the highest value and gain ETH at the lowest value, you would be saying the complete opposite--you are either stupid or a liar. I'm guessing a little of both. XMR is dead, take profit while you still can, it will drop below 120k soon .. There aren't many that can take profit at these prices. Guess it becomes take your losses while you still can then :-P |
|
|
|
Do you mean it is quite easy to add the monero payment even though it is anonymous coin? No extra effort is required?
Once a payment processor adds support for Monero, accepting it will be easy like 1,2,3 You will just have to add a widget to your site Is there a payment processor for Monero like the ones for bitcoin? I know bitcoin has many payment processors like Coinbase, Bitpay. Some information was leaked last year about Paybee which is being developed by fluffypony. I don't remember the details but it includes such a service for Monero. |
|
|
|
...
Possibile. But I dont see how xmr could reach volumes of eth. Even dash has been continuously traded with higher volume than xmr. I think spot #1 of xmr on Polo is lost, and cant see how it could go back to even being in first 3 spots anytime soon.
These are two possible scenarios where if the scenario is sustained XMR can reach or exceed ETH in volume on Poloniex. 1) Bullish for XMR. XMR rises in value at a faster rate then ETH 2) Bearish for XMR. ETH falls in value at a faster rate than XMR There are of course other possibilities such as XMR rising in value and ETH falling in value. This is actually quite possible if the current development trends, https://www.coingecko.com/en, for both XMR (81 Developer) and ETH (74 Developer) continue for a sustained period of time. Edit: Dash has an ongoing funding source for development over at least the medium term that Ethereum does not have. The question of how ongoing Ethereum development will be funded once the IPO money runs out has not been answered. This is a fair comparison, because both have independent codebases. However, for Bitcoin clones the development number is skewed because downstream merges (Bitcoin -> alt) are taken into account as well. |
|
|
|
Price is more reasonable now. I will resume accumulation, slowly. I continue to believe that coned determines the marginal supply of crypto generally, and the long run on XMR has reinforced that notion all day every day.
con edison? you obscurantist. 80% of americans wouldn't get that reference, let alone this international crowd. Ha ha. I would like to know what he meant. Has anybody figured it out? I presume he is talking about the marginal supply getting less and less everyday. In other words, daily inflation is getting lower everyday, thus lowering available daily supply (marginal supply). Just think about the shape of a cone and how the (daily) supply (and distribution) of a cryptocurrency would fit into that. |
|
|
|
Here's some links that I think will preview what applicants for blockchain funding will have to deal with: Minotaur has highlighted a market for whom exchange rate fluctuations are a GOOD thing. But here are some for whom it's a BAD thing. IMO, Dash needs do develop a consciousness about the distinct requirements of both since they are in conflict. In systems development theory, when you have conflicting priorities, the solution is to address then independently. (i.e, you create distinct products for each market). Dash is focused on the risk-asset product, not the currency product, which IMO is exactly where its priorities should lie. I don't think that Dash itself needs to supply the stable currency derivative which will work for commercial markets since 3rd parties usually supply such financial instruments. But at the same time it should be conscious of the fact that the main market is for currency (albeit backed by a risk asset). For example, here are markets where people actually pay hard cash solely for the currency NOT to change in value between their budget date and manufacturing date. (So none of these markets would buy Dash - only a derivative of Dash): http://www.barchart.com/futures/commodities/ITIhttp://www.wsj.com/articles/SB10001424052970203731004576045680094212132http://www.wsj.com/articles/SB10001424127887323701904578277711311594082Operational hedging (as opposed to monetary hedging) Thanks toknormal, very informative. You always bring great insight on this topic. It is, but to be honest it's kind of difficult to obtain any form of derivative for cryptocurrencies. If I recall correctly, Okcoin has future contracts for Bitcoin but I have never seen a really active derivative market for Bitcoin (or any cryptocurrency). |
|
|
|
WTH do you mean by "last Atrides discovery"?
It is a discovery of something already discovered and to my ignorant eye it doesn't seem to be much and will no longer be anything at all soon. The following are all the relevant posts from the ANN thread. You mean the bug that was found immediately and patched immediately? That was the Big discovery? Did he discover how to finish the work he was paid for? The bug was patched before he publicly posted about it. |
|
|
|
Bear in mind that all the XMR contributors added way more code in the last 1-2 years than the DASH contributors did.
Hi Debruyne, just wanted to clarify this part of your comment ^^^^. A huge amount of development work has been done in Dash. This was clarified with Smooth a couple of months back. Now this comparison does not mean anything in terms of the choices of development or the quality of work so I don't think one should compare at all. It just felt like you were trying to say "less development work is done at Dash that is why they do promotion" which is simply not true. We do just as much development or more. I really don't know why people insist in trying to compare this two projects, but for whatever reason they do. It is pointless, Monero is a great project and it will be successful or not on its own merits. Regardless, of anything that is happening with Dash. I genuinely got a bit carried away by the obvious troll post from days. In my initial post I meant lines of code. Anyway, I don't feel the need for comparison as well, but days kind of provoked that with his comment. Regarding bolded, let it be clear that I didn't meant that. Again, I don't feel the need for comparison, but others obviously do. |
|
|
|
everything has been bubbling but XMR.... why is XMR such an ugly duckling....?
Shouldn't XMR be beating Dash... but Dash volume is respectable, XMR volume is heading into Megacoin, Quark territory, shameful.
Explain
When I started looking into altcoins XMR was around .00105 & Dash was .0061 Now it's .00128 XMR & .0128 Dash....Dash team went places in different countries and doing massive PR while the only PR that Monero did is spamming bitcointalk threads with an online game that most of us do not understand or care about and making useless threads by it's supporters. Let alone the slow development that goes with XMR developers with no clear time limit or even a time guess from the developers, even if they tell us we will be finishing (insert what ever they are developing now) in 2017 this gives people something to look forward to at least. You did that for convenience (and to make it look worse) didn't you? DASH price is around 0.011, which is far away from the price you stated. Bear in mind that all the XMR contributors added way more code in the last 1-2 years than the DASH contributors did. That's nonsense as well, see for instance the GUI -> https://forum.getmonero.org/8/funding-required/2476/the-official-qt-gui-projectAt worst it will be finished within the next 6 months, but it will probably be finished way earlier. |
|
|
|
Monero is meant to be used, not bought and held to be sold for a higher price. If you want to support Monero, all the work that is being done, then use it. Spend it on things. Then if you enjoy the privacy that comes with it, buy back the coins you spent.
There is room for both. Afterall, Monero has to grow in order to allow more expensive transactions on the network. Imagine buying a million dollar house with Monero, you would need nearly 20% of the supply to buy it. |
|
|
|
Zerocash.
The amazing new private coin in which you have to trust the creators will NOT collude to have a power to print any amount of 'cash' in an undetectable way.
From what I remember, they were planning on getting about 10 people together, buying a brand new computer, then recording the entire process of creating the pubkey that the privacy is based on. As long as they document destroying the computer afterward and never connect it to the internet, how could the pubkey be compromised? (800 000 hits) There is also an investment vulnerability here, which is that zero knowledge techniques without a trusted setup exist, they are just not yet efficient enough to use. If such a thing is ever developed it would instantly replace Zcash. I would just get the top five audit firms, the top five law firms and a couple of others, and split the launch set-up between them. You only need one of those to be honest and the set-up is legit. The last time there was a hint of dishonesty from a big five audit firm, a firm with $9billion in annual revenues, it went bust (dishonesty on some of the main points was not proven, but it was too late). This might cost $50k in fees, but anyone who would suggest that these firms would collude to steal from a start-up currency, at the risk of their combined existence, would be seriously deluded. I had to giggle a bit at this honestly, there is a constant stream of dubious behavior of the big four audit firms (EY, KPML, PwC, Deloitte). The AFM actually audits (I know it sounds weird, inspect might be better) the big four and has repeatedly reported that there are structurual problems with the audit quality of these firms and that it hasn't sufficiently been improved over time. https://www.afm.nl/en/nieuws/2014/sep/rapport-controles-big4.aspx (article is in english). |
|
|
|
Zerocash.
The amazing new private coin in which you have to trust the creators will NOT collude to have a power to print any amount of 'cash' in an undetectable way.
From what I remember, they were planning on getting about 10 people together, buying a brand new computer, then recording the entire process of creating the pubkey that the privacy is based on. As long as they document destroying the computer afterward and never connect it to the internet, how could the pubkey be compromised? I can think of numerous ways to rig the whole process. Starting from video trickery over plugging a hidden wifi stick into the machine to having some background logging process running while claiming it's part of the generation-program... Just off the top of my head. The only way to make me trust that privkey destruction process is me being physically there and checking every inch of that computer & room. When it comes to the creation of a supposedly "perfectly anonymous" cryptocurrency and the entire damn thing hinges on that single key nothing short than that is acceptable. Due to being impractical I deem the whole currency as impractical. There might still be some backdoor in the software you would miss, there are so much possibilities to compromise the setup.. |
|
|
|
Zerocash.
The amazing new private coin in which you have to trust the creators will NOT collude to have a power to print any amount of 'cash' in an undetectable way.
From what I remember, they were planning on getting about 10 people together, buying a brand new computer, then recording the entire process of creating the pubkey that the privacy is based on. As long as they document destroying the computer afterward and never connect it to the internet, how could the pubkey be compromised? I am not entirely sure how it works, it's probably in their paper somewhere -> http://www.ieee-security.org/TC/SP2015/papers-archived/6949a287.pdf. They themselves have stated already that you only need to trust one person, but if they collaborate they could create additional coins (not break privacy). I elaborated on that here -> https://forum.bitcoin.com/post16245.html#p16245 (again, I don't know the specifics of it). Fact is that they need to prove that the software/hardware was not compromised beforehand AND afterhand, the latter could be achieved by simply burning the computer on videostream or something. |
|
|
|
|
Show Posts
