LMDB sync from scratch in just over 3 hours, and daemon using only 60MB to 100MB RAM. DB is so small I can't find it. What a difference!
I haven't built monero or synched from scratch with the DB personally but this is certainly encouraging news. Impressive, very impressive. With the reduced memory requirements is it time for me to set up my dedicated full node? I saw a brand new HP Intel Celeron laptop with 2GB of memory on sale at Best Buy last night for $179. It was too good of a deal so I bought it. I've been planning to create a Monero "pretty-secure" wallet station for a while so I'm not holding all my coins on Poloniex. The ultimate plan for the savings is to hold a third in a secure online service (currently Poloniex), a third on a full node running on a laptop only used to run that full node (with an encrypted backup), and a third in cold storage. Thoughts? Also, this little thing came with Windows 8. I've never used a Linux distro before, but I was thinking about trying it for this project. (also, I would obviously only play around with test amounts of coins until I am very confident in my abilities to send/receive Monero on a direct level) Imho you should definitely generously run the full node, but not use that wallet for storing coins, nor really anywhere other than the most secure place you can manage. Using virtual machine (which is free and lets you run an instance of any os, linux it this case) in windows is really pain free once you get it set up. Pretty much any question you have about newb linux stuff has a hundred other people asking the same question in google search so learning goes fast. I think as far as micorosoft goes windows 8 seems okish, i wouldnt upgrade to 10 though. Bury that wallet behind crazy hash passwords on the virtual machine itself as well as *(a different one)* on the monero wallet then basically never touch it. I then sometimes would create a zip file out of the entire VM instance, chop it up into paswoord encoded zip files and bury those in tin cans in my grandmas back yard. Edit: You can still send coins to your address successfully even if the only existing copy of the wallet has been sitting all chopped up in grandmas cold dirt for 7 months  |
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That's a good read, think i'll have work through the MRLSs This is really really cool, thanks for the link. A lot of the functions in limited context i can see what they do, but will definitely spend a lot of time there trying to work out whats going on in bigger picture. This is great, will help with progressing my python and digging into monero guts  |
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So i was in drk from about .0013 and mostly was latching on to the fact that the is compatible with btc an offered and obfuscaion that was at least somewhat functional, though slow and obviously not ideal. When i saw some weird confusing changes that seemed to originate from fairly unknown people I was disillusioned, started to realize how much groupthink i was participating in and truths that i actively ignored bc i wanted that $$$.
But from a technological point of view its really is just features users desire right now with scrappy, fast and unreliable code back it up. I knew about xmr before poloniex added and made some good trades, but it was obvious a lot time was left for maturity, but swore to remember it later and not miss out.
I started liquidating and buying xmr about 2 months ago mostly because project is beefy. I understand putting the gui off is a good move because you want the back end super solid before even going there. But its interesting that this would also work as an invitation to old btc money who become interested. People have trouble taking alts seriously in general, but especially if they havent been around long. Some old btc cat checks out monero, grasps the tech, then sees there's not official gui. I think this to him says its still early to hop in. And I wonder if the decrease in priority related to the gui is partially to continue the invitation to hop in at a good price, with obvious rise still lying ahead. <removes tinfoil hat>
I'd sorta started learning enough python and extremely-intro cryptography to make sense of some of the tech behind monero. Ive been spending time diving into python and have a nice trader bot going. It is no rockstar but definitely makes me more income than drk MN income as well as my 6x280xs.
And then comes along the massive commit from noodledoodle, and moneromoo with the potentially epic rewrite of transaction creation formula. I'm pretty excited and plan on hodlin hard but run a bot to keep my distracted.
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Wallet balances can be verified in ways that are only available to the owner of the funds, and any party he wishes to make that information available to. It isn't the "owner" of the funds that requires the verification as far as endorsement of a base monetary system goes. In a trustless system, only public consensus can endorse the value and therefore it's the public that needs to verify it. Public consensus is in the form of the block-chain, and is verifiably accurate, whether or not you are able to snoop into everyone's balance. The public isn't going to endorse or verify any address balance that only the holder of a private key to that address can see. I know the "technology" endorses it, but nobody gives a sh*t about that. They don't get on planes because they see an aerodynamic proof, they get in them because they see them taking off and landing again with their own eyes.
Again, the blockchain is verifiable. This nonsense you spout about applying privacy to the monetary media is garbage... and I challenge you to provide a single source for a definition of money from a respected source that includes it. Includes what ? "applying privacy to the monetary media " ? All I've consistently said is that "privacy" (by concealment) does not feature in any recognised historical properties of money, rather that fungibility specifically does and that that cannot be substituted by monetary obscurity. Direct me to the part of your definition where it says "monetary obscurity can not be substituted for fungibility." Or that monetary obscurity does not qualify as fungibility... (b.t.w. I sure hope you don't consider yourself one of the experts with "background in economics / finance" you alluded to earlier).
I sure don't. What i said was that I have a background in economics / finance, and it has provided me with the tools to decipher that you are a charlatan spouting self-serving non-sense. |
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If you take the time to read every word toknormal writes and look up any concepts you need refreshing on, it becomes crystal clear that it is utterly self-serving garbage. The process is a lot quicker if you actually have a background in economics / finance. I can absolutely guarantee that the nonsense he spews about the definition of money is only his weird opinion, and not useful or intelligent. The fact the he pretends that it is some well agreed upon view, rather than just his verbal diarrhea makes him a charlatan. Although your offer of a "guarantee" is very generous, most people don't need a "background in economics / finance" to see that a wallet balance agrees or disagrees with what multiple public block explorers say is at that address and to conclude that that information is useful. There are certainly circumstances in which that information is useful. There are also circumstances where that information is very much a nuissance, which makes various units of the currency different from eachother and thus not consistent (i.e. does not qualify for funigibility, one of the necessities to be considered good money). Wallet balances can be verified in ways that are only available to the owner of the funds, and any party he wishes to make that information available to. This is perfectly inline with every definition of money. This nonsense you spout about applying privacy to the monetary media is garbage... and I challenge you to provide a single source for a definition of money from a respected outlet that includes it. |
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If you take the time to read every word toknormal writes and look up any concepts you need refreshing on, it becomes crystal clear that it is utterly self-serving garbage. The process is a lot quicker if you actually have a background in economics / finance. I can absolutely guarantee that the nonsense he spews about the definition of money is only his weird opinion, and not useful or intelligent. The fact the he pretends that it is some well agreed upon view, rather than just his verbal diarrhea makes him a charlatan.
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Gold does not have a universal directory of past transactions. Nor does cash. Yeah, but cash does have a unique serial number. I should know because I have this little beauty in my possession: Of course, its intrinsic value is only one Canadian dollar.  Right, but it does not have a universal directory of past transactions. Cash with a serial number is very similar to crypto with opaque blockchain. It can be verified to be authentic, but you can not determine its previous owners by using its serial number. edit: 1111111 |
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What is being stated about DASH is that its methods of "addressing fungibility improvements directly" are unsound. So unsound in fact as to deserve the term "snake oil." Nowhere in your links for the definition of money is it stated that a requirement for being considered base money is that it have a public accounting system. Gold does not have a universal directory of past transactions. Nor does cash. You have not explained why it is essential or even preferential for a currency to have this property, and none of your links claim it to be necessary in their definitions. Contrary to what Monero proponents like to promote, bitcoin IS a fully anonymous currency. Any information about who happened to be on the other end of a transaction has to be gleaned from OUTSIDE the blockchain. In this sense, it's exactly the same as paper cash - if you hand me a 100 dollar note, I can clearly associate that 100 dollar note with you.
What if I mail it? This thread is about dash, but since you mention monero, there is a function called 'viewkey' which performs the exact function you claim it is not capable of. The amount of information you can glean about the people controlling the movements is mitigated by maximising the fungibility of the base-monetary media (which, as I've explained, is exactly what Dash is doing).
Dash's methods of "maximising the fungibility of the base-monetary media" is what is being claimed to be unsound. On the other hand, obfuscation of the blockchain is attaching a priority to the base monetary media that does not belong there - and particularly not in a new digital medium that portends to function as base money.
By your own definitions, obfuscation of the blockchain actually IS a requirement to be considered money. Fungibility (aka consistency) happens to be a requirement. Dash's unsound attempts to be fungible happen on a volountary basis. Unmixed coins used to buy CP are not the same as coins that have been mixed. By their taint they carry properties the mixed coins do not. The same goes for unmixed coins used for non-nefarious purposes. The point is that they are not consistent. The 'public blockchain' is therefore an essential element of anything that portends to act as 'base money' as opposed to a record keeping system which is backed by such.
This is what you have not explained.... |
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I just had an unexpected moment of relief that Dash wasn't: (a) trying to flog a bloat database and calling it a feature (b) trying to flog a drawing and calling it a wallet I don't think people that are facing such pressing challenges have time to spare for doodling in the Dash thread. What a devout shill you have become! I;m guessing you are talking about monero because it seems to be what you feel most threatened by. (a) current xmr block chain is just barely above 4 gb and the currency is over 1 year old. 64 gb micro sd cards cost about $25 USD, and it's probably safe to assume they'll get cheaper and bigger, right? (b) there are 5 gui wallets for xmr to choose from. Quick, tungfa! Post an anime picture with the dash logo! |
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XDN trolls are getting very active in Poloniex chat saying that they are 2.0 cryptonote coin and XMR is dead since devs cant make a GUI.
Many people are not aware of fast emission schedule or Ducknote backstory
I love our roadmap but not everyone understands its importance.
Can we just tag one of our unofficial GUIs (or mymonero) as official to end that objection once and for all?
Then we can just continue with our existing roadmap and replace the official GUI with a new one when the time comes
You could always invite one (or multiple) of the devs of the unofficial guis to join core team and ask that they focus on it |
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Clearly CN coins have a prob. ... Either way with ALL CN coins we have to trust that large holders do not conspire to de-anon our tx's  No. But if a CN coin had a ridiculously out of proportion ownership (as BCN does, and as it has been explained to XMR does not) then it would be a problem. Do you mind stepping out of the spotlight for a bit? Not really interested in watching the gears of your brain spin and smoke. |
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I donīt trade XMR since 05/31, zero drama.  Now waiting for 0.0017... again ( or some instamine coin with no fake walls  ). .2% profit lol. what a pro. |
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I'm no pro and am fairly skeptical of TA in crypto other than in a psycho-somatic kind of way, but is this not a fairly strong bull signal?  Both the convergence of the shorter and longer term EMA lines, as well as having the 1 day candle finish completely above both. |
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So... public vs. private blockchains? That's all you've got? You honestly think that bitcoin has thrived because of 3rd parties being able to track the transactions of entities they have had no interaction with? Fungibility is related to anonymity in crypto, but anonymity is far from unique to dash, and it's approach is far from throned as being 'the best'. Nor is telling people "it's math" any good. As I stated in another post, people don't get on planes because they got shown a bunch of aerodynamic equations. They get on them because they see others getting on and not dropping out of the sky.
This is willful ignorance.
It has survived and the fact that it did is due in no small measure to the public blockchain supporting a level of accountability and confidence that it unmatched by any financial system be it fiat, precious metal markets or other.
It's not a bug but a feature!
Public consensus is what ultimately "defines" money and you can't have public consensus without a public blockchain. Bitcoin is already an anonymous currency - nobody has yet discovered the identities of the major thieves of the last few years by inspecting the blockchain. Dash boosts this anonymity by an order of magnitude without throwing the baby out with the bathwater and blowing "public consensus" out of the water.
Again with the baby and the bath water?? The blockchain is secured by consensus. It does not need to be immediately decipherable by amatuers to ensure consensus.
If we do monetary "systems analysis" as if we were designing a business system, we can verify that this is the right approach because:
[1] - fungibility is a an intrinsic monetary property which is cited in countless definitions of "money"
Not unique to dash. It seems like you are focusing on whatever will backup your current argument, rather than worrying about what would in fact make a strong and resilliant currency. |
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The last supper with Ed felten Why am I not surprised to see Zero women in that picture? There's 1, top left, kinda cute |
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No. I was mistaken in thinking bitfinex had said they used darkcoil, when in fact it was bittrex. It's an easy thing to do. You were correct in so far that I was wrong, but it was not due to your own merits nor any of the reasons you stated. Thus, the "luck". |
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