OOOOOOOO! --  |
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You can't expect the raise of public usage unless you show people the official GUI. I don't know why is it so late, more than 6 months passed.
Rome > Day Anonymous decentralized ledger system > 6 months |
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Any other ideas?
Start more threads? j/k  Monero Changetip? I'd like some anonymous tips  |
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Thanks Smooth and BinaryFate. This is fascinating, but I don't want to hog up the thread with questions. Where would i go to find out more about the way crypto-currency functions at the atomic level? Or at the very least, a thorough explanation of the mining, wallet, and transaction process from A to Z.
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Total curiosity question, just because i love knowing stuff.. Just transferred 64xmr and i noticed when i did a refresh the first transaction that showed up, before showing all my transfers in the purple text, was 3 transactions received: 1 for .6, 1 for 6, and 1 for 10.. for a total of 16.6xmr received and then all the purple text showing the transfers going out.. my final balance is correct, nothing extra received see screengrab if necessary: http://imgur.com/c7P6tmEso i guess my question is now obvious, why is that? where did that 16.6xmr come from? is it part of my transfer? and why 16.6 when i sent 64? ok so i guess that's 4 questions i know i wen't a little overboard with the redacting, but once i started i couldn't stop! Thanks, That's your change. In order to send 64, the wallet used one or more outputs adding up to 80.6 (maybe a bit more with fee), of which 64 (60+4) went to the recipient and 16.6 (10+6+0.6) came back to you. Bitcoin works the same way and you can see these change transactions if you look on a chain explorer, but usually wallets don't normally show the low level details the way simplewallet does. Hate to go full-noob on you, but what function does that serve? It's more than just a function served, it's the fundamental way how Bitcoin (and Monero, and all other cryptos) are designed. We don't send and receive amounts, but atomic inputs and outputs. Inputs can only be "spent" entirely, so the only way to "spend" a target amount is too spend one or several inputs entirely, and send the change back to yourself. So it's a ledger system using an atomic unit rather than a symbolic one? Worried about my word choice here  |
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Total curiosity question, just because i love knowing stuff.. Just transferred 64xmr and i noticed when i did a refresh the first transaction that showed up, before showing all my transfers in the purple text, was 3 transactions received: 1 for .6, 1 for 6, and 1 for 10.. for a total of 16.6xmr received and then all the purple text showing the transfers going out.. my final balance is correct, nothing extra received see screengrab if necessary: http://imgur.com/c7P6tmEso i guess my question is now obvious, why is that? where did that 16.6xmr come from? is it part of my transfer? and why 16.6 when i sent 64? ok so i guess that's 4 questions i know i wen't a little overboard with the redacting, but once i started i couldn't stop! Thanks, That's your change. In order to send 64, the wallet used one or more outputs adding up to 80.6 (maybe a bit more with fee), of which 64 (60+4) went to the recipient and 16.6 (10+6+0.6) came back to you. Bitcoin works the same way and you can see these change transactions if you look on a chain explorer, but usually wallets don't normally show the low level details the way simplewallet does. Hate to go full-noob on you, but what function does that serve? It's more than just a function served, it's the fundamental way how Bitcoin (and Monero, and all other cryptos) are designed. We don't send and receive amounts, but atomic inputs and outputs. Inputs can only be "spent" entirely, so the only way to "spend" a target amount is too spend one or several inputs entirely, and send the change back to yourself. So it's a ledger system using an atomic units rather than symbolic ones? Worried about my word choice here |
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Total curiosity question, just because i love knowing stuff.. Just transferred 64xmr and i noticed when i did a refresh the first transaction that showed up, before showing all my transfers in the purple text, was 3 transactions received: 1 for .6, 1 for 6, and 1 for 10.. for a total of 16.6xmr received and then all the purple text showing the transfers going out.. my final balance is correct, nothing extra received see screengrab if necessary: http://imgur.com/c7P6tmEso i guess my question is now obvious, why is that? where did that 16.6xmr come from? is it part of my transfer? and why 16.6 when i sent 64? ok so i guess that's 4 questions i know i wen't a little overboard with the redacting, but once i started i couldn't stop! Thanks, That's your change. In order to send 64, the wallet used one or more outputs adding up to 80.6 (maybe a bit more with fee), of which 64 (60+4) went to the recipient and 16.6 (10+6+0.6) came back to you. Bitcoin works the same way and you can see these change transactions if you look on a chain explorer, but usually wallets don't normally show the low level details the way simplewallet does. Hate to go full-noob on you, but what function does that serve? |
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Monero needs a marketplace.
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how to help the price rising?
Buy and hold? now, max price stuck on .0018 , how we can hold it put 10 000 BTC on .0018 - XMR buy order Sadly, I checked. |
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If I want a public record like I get when I use Bitcoin, will a mix-in level of zero provide this using Monero?
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Monero now below $.6, more fallen from $2.2 a few months ago.
Best of luck, Monero Developers and Community.
Thanks, it's a great time to buy monero; the devs are working hard and getting the db in order and the price is fantastic. |
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Wouldn't a longer/lower emissions curve benefit everyone?
It wouldn't clearly benefit miners, unless the price went up enough to offset the reduced rewards. If some of the miners depart, the coin becomes less secure. It wouldn't necessarily benefit the reputation or adoption of the coin, since it looks like an instamine. If you have been involved for the past six months, you got the benefit of large numbers of coins being minted and traded at low (and even increasingly lower) prices. Then mining gets cut and everyone but the early adopters gets to fight over a smaller supply, or pay up to buy from early adopters' stashes. It also wouldn't necessarily benefit confidence in (and again reputation of) the coin. If it is considered acceptable to change once, it could be acceptable to change again. No one knows where that leads, and it is hard for anyone who is buying to know what he or she is buying. Also a slower curve now means higher inflation later, for a longer period of time. Pay now or pay later? This is not a the sort of change to be made lightly. I most certainly preferred a slower curve at the start. Now, I'm not sure the advantages outweigh the disadvantages. My thought is that price per coin would offset the loss in mining rewards, so the hash rate wouldn't be affected unless everyone migrated to larger pools to offset the lesser chance of reward. See the point of acceptable change--how do you sell such a major strategical move? Slower curve of inflation? Hmmm.... Maybe 2% with a hidden x% is something the bankers got right? 2% + x fee = how many years? In Devs we trust.  |
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Why is the XMR emission curve so much steeper than with other PoW coins? Is there a benefit to flattening out sooner?
Bit of a sore point that one, the emission curve is something we got stuck with from the original incarnation of Bitmonero, which had an autocratic solo dev who knew best.... It was then forked by the current team and so you can tell what the people preferred, but the emission curve stayed. Really nice to have that info, thank you. How big of a problem does this pose to an investor? Pretty significant to be honest. Monero will have 18.4 million total/max coins. 14.72 million (80%) will be mined in the first 4 years. Currently, we're at 4.2 million in circulation. The first 4 years, has heavy inflation. This gives investors an incentive to buy in at the end of that timeframe. And 4 years in crypto is a long time, with a significant chance that something better will come into the market. 14,720,000 X .75 = $25,200,000 @48 months average yearly inflation: $6,300,000 for first four years or .25 (25%) -------------------- 2,760,000 X .75 = $2,070,000 @??months I'm a word guy, so correct away--I won't feel bad. Is it really that high? Or am I that high? Wouldn't a longer/lower emissions curve benefit everyone? Bitcoin's around 10% and it hits pockets of inflation resistance that create downward pressure on the price. I'm a Deluezean at heart, so I believe volatility shows growth, but wonder if Bitcoin will hit an insurmountable dip that a better crypto can build from.... |
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Is there enough content to fill a movie story on Monero?
for me .... we need GUI Wallet for full story to allow the the mass consumer to install it immediately Monero Wallets after seeing the video As long as it will take to gather materials, find someone to edit it into a workable film, and to market the release--is probably as long as the GUI will take to be ready. It's not like it would be hard to delay one so the release of both coincided. Think we should include the BCX saga; it had all the makings of good drama: mysterious bad guy, confusion, tension and then BAM! ......nothing, it ends on a comic note. |
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comment replyELI5: Sidechains from x798 via /r/Bitcoin/ sent just now show parent "That's not FUD, the majority of the Monero hashrate is a botnet or two, you can't rationalize tens of thousands of GPUs mining a coin most people haven't heard of. The Monero block chain was actually attacked using a bug in the merkle tree type formation it used, an obscure hangover from Bytecoin. I'd call that a problem, wouldn't you? the anonymity is tested By who? I doubt anybody is really qualified to say if ring signatures can support anything. There's not even any proof that ECDSA itself is secure." Can anyone discredit this statement? Don't have enough working knowledge to confirm or dismiss. Here's the link: www.reddit.com/r/Bitcoin/comments/2k5jdg/eli5_sidechains/Try pointing out that it isn't responsive to the question of whether Monero/Cryptonote is innovative. It is shifting the subject to whether the technology is immature. Well, yeah, obviously anything innovative is immature. There are a whole lot of specifics to discredit there, it is all speculation and frankly FUD, as you said. Where is the actual evidence backing up any of the claims (well other than that a bug was exploited -- that is true, and the bug is fixed)? I do believe there are botnets but I don't believe they are nearly as much of the hashrate as FUDsters speculate, simply because mining is still profitable for a lot of people (not with high electricity rates). As long as mining is profitable, people will do it, especially in the current environment when it is hard to find anything you can mine profitably. If botnets were rampant the hash rate would be even higher and mining profit would be drive down to nearly nothing. It isn't. Thank you, Smooth. Hopefully that shuts him up for awhile. |
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comment replyELI5: Sidechains from x798 via /r/Bitcoin/ sent just now show parent "That's not FUD, the majority of the Monero hashrate is a botnet or two, you can't rationalize tens of thousands of GPUs mining a coin most people haven't heard of. The Monero block chain was actually attacked using a bug in the merkle tree type formation it used, an obscure hangover from Bytecoin. I'd call that a problem, wouldn't you? the anonymity is tested By who? I doubt anybody is really qualified to say if ring signatures can support anything. There's not even any proof that ECDSA itself is secure." Can anyone discredit this statement? Don't have enough working knowledge to confirm or dismiss. Here's the link: www.reddit.com/r/Bitcoin/comments/2k5jdg/eli5_sidechains/ |
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FOR SURE DO NOT BUY SHADOWCOIN / SHADOWCASH
Shadowgang are bandits of the worst kind, the only thing that they do is to search trouble with all competing currencies ... beware !
The Shadowcoin dev (rino) is the head of the mafia, he uses bots to manipulate the price of other coins.
https://bitcointalk.org/index.php?topic=818939.0
 SHADOWCOIN TEAM I had no wish to buy shadowcash until I saw your personnel FUD campaign, now after some research, I own some--thanks! |
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And bookmarked--thank you |
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So where does one go if they want discuss marketing strategy?
This thread is fine for discussion/planning. But let's wait to put the plans into action until the dev team gives us the green light. So let's discuss: Is there a meme collection or place to find memes? Art/sticker database? ELI5 explanation(s)? Place for media collaboration? Talking points? Common Q and A's? Is there a fund to pay for marketing materials? If so how are these funds allocated between objectives? What are the marketing objectives? How will success be measured for those objectives? Example: The average user adoption on r/monero is 3 per week, so we create a marketing objective of tripling it within the next two weeks, so what to do? Memes on alt coin threads? Self-motivated shills? A news campaign? General announcements? All of the above +n? |
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As I mentioned in another thread, with Open Bazaar gaining traction, one can easily see use cases in Monero GREATLY rising, along with its price...
Other blackmarkets should be targeted aswell, hopefully someone has some connections there. I think they would be very interested in monero. Hold on a minute. The devs want us to wait for the DB and GUI to be finished until we start advertising/marketing efforts. Then it's all systems go!  So where does one go if they want discuss marketing strategy? |
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