First of all, I never said "safe". Just that after working for a while, people would tend to not worry about it.
That's kind of true for a highly leveraged debt based system too. It took several years post-2008, but most now ignore systemic risks, or deny they even exist at all. So I agree with you that many will behave that way in practice, but I also believe there is a role to play for systems built on a stronger foundation. if the best argument against Zerocoin adoption vs Monero adoption in the privacy-coin niche is that ZC uses new crypto That is a massive issue though (even if many people may ignore it). In cryptography the only thing that makes most real systems secure is that they have been around for a long time and vulnerabilities have been either identified and fixed or unable to be found. It is essentially impossible for new crypto to be usefully secure. 10 years is a widely recognized rule-of-thumb aging period. The key components of zerocash are far newer than that. This is not just an issue of privacy either. If the system breaks there could be huge or total monetary losses. Understood, but you have to view that risk in the context of the rest of the risks in any crypto-coin system. A break of the underlying crypto seems down the list relative to other (probably more likely) failure scenarios that can be equally catastrophic from an investment standpoint. I think you are extrapolating from the experience with cryptocurrencies using mature cryptography. Also for the most part other than Cryptonote (only slightly different) they all use essentially the same cryptography, which means none of them are going to break unless they all break. We of course now know from experience that they haven't broken, but this wasn't guaranteed in advance. Zerocash is using completely different cryptography from every other cryptocurrency, and is starting out using cryptography that is far newer and less proven than what Bitcoin used at the start. It is true that estimating the risk of problems with immature cryptography is difficult, but that doesn't necessarily make it small. When it comes to experience here, all bets are off. But I don't necessarily expect people to respond to these risks correctly; people are in general terrible at that. |
|
|
|
i bought the orders yesterday under 4000 sats. was ready to buy some more tonight. lets see how it goes. this time push past 10k towards. i feel that relisting on poloniex coming then monero investors will be taking a look at aeon seriously
Are there real plans to have it relisted on Poloniex? Yes but right now it is too small of a market given the wallet resource requirements. When there is a wallet with lower resource requirements and/or a bigger market it will probably happen. The previous sentence is just my opinion though. I can't promise what Poloniex will decide to do or when. |
|
|
|
|
Moneromooo reports that his pool is down due to a hardware failure, and will take some time to restore. If you are using it please switch to another pool.
(He can't post to bitcointalk for the same reason)
|
|
|
|
Passing along a messsage from moneromoo: Due to hardware issues, the pool just went down and it might be quite a while before I can get it back online, so people should move elsewhere.
The BCT account stuff was on that other stuff. I have backups, but not easy to get to atm. Thank you for passing along. I have updated the OP |
|
|
|
First of all, I never said "safe". Just that after working for a while, people would tend to not worry about it.
That's kind of true for a highly leveraged debt based system too. It took several years post-2008, but most now ignore systemic risks, or deny they even exist at all. So I agree with you that many will behave that way in practice, but I also believe there is a role to play for systems built on a stronger foundation. if the best argument against Zerocoin adoption vs Monero adoption in the privacy-coin niche is that ZC uses new crypto That is a massive issue though (even if many people may ignore it). In cryptography the only thing that makes most real systems secure is that they have been around for a long time and vulnerabilities have been either identified and fixed or unable to be found. It is essentially impossible for new crypto to be usefully secure. 10 years is a widely recognized rule-of-thumb aging period. The key components of zerocash are far newer than that. This is not just an issue of privacy either. If the system breaks there could be huge or total monetary losses. |
|
|
|
You do not think that current possibility to opt-out from contributing to development is enough?
You can not opt out. You can only vote to reduce the rate of payment. I wasn't going to reply at all but since I replied to correct this point I'll add that I don't think the 1% deferred premine is a big deal. The mechanics of the system could have been disclosed better but as these things go in crypto it is a relatively insignificant issue. Everyone was well aware of a 1% developer reward even if the exact details were clear only in the code. |
|
|
|
- the pool mined the block 625817 to the donation address.
The AEON donation address? I'd have no problem giving that back. |
|
|
|
Liking the 0.8888 idea.
It seems like most people support this. Can we have a vote to make it official? How long before the code can be changed to reflect it? There is no plan to have a vote. The code can be changed "soon" once it is clear this idea is accepted. It is an easy change that just involves taking the social contract 0.88888...%/year, converting it into a per block divisor and coding block_reward = supply / divisor. I just did a quick estimate and it looks like around 1/15m of the outstanding money supply per block, but when I code it I will make sure the right number is used. |
|
|
|
Criteria for a coin to be added: - Must be a cryptocurrency
- Must be traded on a public exchange that is older than 30 days and with an API available.
- Must have a public URL that displays the total supply (total mined so far).
Would NastyFans meet this criteria? It is certainly a crypto asset and can be traded or exchanged like a cryptocurrency. It has been traded on a public exchange for more than 3 years, has an api available showing the current value, total supply as well as the market cap and other statistics. We also have a list of all historical trades. I think it would make a nice addition to the site, as well as having been requested by one of your users. Wasn't banxshares traded on its own exchange for a while? That seems similar. |
|
|
|
|
Only correction I'd make is that it was never really dead. I got involved to a minor extent right from the point where the original developer stopped maintaining it. My first task was to patch a few bugs and organize a new community-run seed node to replace the one the original developer shut down. My involvement increased over time but there was never a point when the coin was completely unmaintained or when activity on the thread completely stopped for an extended period.
|
|
|
|
]Hey douche bags how about staying on topic ?
i should report half of you..
You douche bags are hanging around bumping this non stop to advertise with any half ass bs comment.
I wouldn't mind so much if you guys were actually discussing something to do with the coin
but your not.. your simply using this topic as a spam platform to bump.
Monero guys are the most irritating in all of crypto hands down !
You guys won't shut the fuck up for one single second and it reeks of severe desperation.
There is no way in hell most of us here could get away with this bloody bullshit either
If i had a Jackpot coin topic i spammed with friends to 550 pages i'd be banned and the topic deleted.
The above (which I deleted) contains no content relevant to the topic. Consider this a warning to stay on topic |
|
|
|
New bug fix update (0.9.6.0)Recommended for all usersChanges in this releaseFix mixin output selection to match wallet output selection Slightly reduce wallet maximum tx size; should speed up confirmation rate especially for split transactions The pruning test branch has been updated to 0.9.6.0, so if you are using that you will need to fetch the update and recompile or wait for a new community-provided build. https://github.com/aeonix/aeon/releases/tag/v0.9.6.0
|
|
|
|
Are there still some situations where we use Berkeley db namely 32 bit or ARM systems?
Yes bdb is used for 32 bit (including ARM). ARM 64-bit when those platforms become more widely available, will be able to use LMDB. |
|
|
|
If the airdrop had taken place I think Dash would have been way ahead of where it is now in terms of marketcap and support from the community in general.
The only thing the airdrop would have done is diluted the instamine by another 2 million coins. So it would be about 25% of the current supply instead of 33%. And then it would have added questions about who actually got those airdrop coins and how they got them. In the case of the Stellar airdrop for example, there are published allegations of massive fraud by insiders. |
|
|
|
|
Both moves look okay to me but I like keeping our knight in the forward position putting indirect pressure on their king. It's also blocking their queen in on the left side doing nothing.
Nd4
|
|
|
|
Okay let's consider this an official proposal then, open for comments: Once the base reward declines below 0.3/minute, then reward will switch to inflationary at a target rate of 0.8888888....%/year (actual rate may deviate slightly in practice due to variations in block rate, block reward penalty, rounding, etc.) |
|
|
|
Pardon the ignorance, what exactly is the .9 version release as compared to the others?
The upcoming release that incorporates many performance improvements, notably lower memory requirements owing to storage of the blockchain in a database. That and the massive improvement to chain privacy from using ring signatures on all transactions. |
|
|
|
Thanks for the input guys. Last night when I was compiling on the 32GB Micro card I was getting a message that the drive was full and out of space.
cd
cd bitmonero
make -j2 release-arm7
Could be I was doing something wrong. I guess in the long run it does not matter what Linux version I use so long as it recent version?
I am hoping to get a working model and learn allot about setting these Rasp Pi's up as a node. If I can get it all worked out then I might consider setting them up and selling them for XMR for anyone not wanting to mess with it. I'd only charge for the cost of the equipment and not my labor.
Maybe there is no market for it and some might be interested if they just want to help the network out. Just and idea.
With most of those rpi linux distributions there is a step where you have to expand the partition to the size of the media after copying the image. Check the installation instructions. |
|
|
|
Okay let's consider this an official proposal then, open for comments: Once the base reward declines below 0.3/minute, then reward will switch to inflationary at a target rate of 0.8888888....%/year (actual rate may deviate slightly in practice due to variations in block rate, block reward penalty, rounding, etc.) |
|
|
|
...Will you need that much space on a drive or will an 32GB SD card be enough?...
32 GB would be enough for the Monero blockchain + OS for another year or two. Otherwise Monero would be dying. 64 GB cards are reasonably priced (about 20 USD, sometimes less discounted) so that's another option, or just start with 32 GB and plan to upgrade it someday. You want a high quality card but don't bother trying to buy one of the very fast cards because RPi2 doesn't support the high data rates. Performance will be worse on an sdcard compared to a real drive, but usable. |
|
|
|
|
Show Posts
