... it doesnt seem to work out for now, but your wall is massive and enormous  i hope its here to stay Someone trying to sell with a massive buy wall at 0.00259? Edit: Wall was just removed. |
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Somebody knows when Zcash will launch and if there will be a ICO? Or only premine? how will they distribute?
And When Zcash launches, it will be a threat for coins like XMR and DASH, how do you guys see this?
The more concurrency in crypto privacy space the better. If zcash will provide superior technology and become better and safer option for privacy oriented users than xmr, than its good. Privacy wins. Yes Z.cash may have a very slight edge under ideal conditions over Monero with ring CT in the privacy / fungibility area; however there is a lot more to Monero than privacy / fungibility. There is the issue of blocksize and scaling that is currently plaguing Bitcoin. Monero has a viable solution for this. I have not seen a solution to this issue from Z.Cash at all. So privacy / fungibility alone may not win. What good is a minuscule gain in privacy / fungibility if one has to wait for many hours or even a day for a transaction to confirm as has recently been the case with Bitcoin? There is also the fact that ringCT will bring multi signature transactions to Monero. 4.4 Ring Multisignature
Note that a simple version of a t of m of n ring-multisignature can be done with the MLSAG signatures. This allows a group of
m participants to create a multi-signature such that t out of m must sign for the signature to be accepted as valid, and in addition, it is signer ambiguous which m keys are the participants out of the n keys. ... An expanded writeup of the ring-multisignature is in the works from Shen Noether, Adam Mackenzie and Monero Core Team in https://lab.getmonero.org/pubs/MRL-0005.pdf. Again does Z.cash have a solution? Edit: Added Again does Z.cash have a solution? and ? after Bitcoin. |
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is monero ever going to catch up to eth, eth seems to always be like a rocket ship while xmr is making relatively slow gains.  The rise in Ethereum has in my opinion as much to do with Bitcoin's problems than with Ethereum itself. The market is looking for an alternative to Bitcoin. People are looking for alternatives that do not have "the problem" https://bitcointalk.org/index.php?topic=1388381.0. Ehtereum is not an alternative to Bitcoin, simply because it is designed to do something else entirely. It is Ethereum 1.0 not Bitcoin 2.0. Monero on the other hand does not have "the problem" and is designed from the ground up as a possible replacement for Bitcoin, so it could be called a true Bitcoin 2.0 coin. The market of course will have the final say. |
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If you are looking for a proof of work alternative to Bitcoin that does not have the blocksize issue take a look at Monero. Monero has an adaptive blocksize and a tail emission. This avoids the entire Bitcoin blocksize debate.
Edit: Before buying anything please do your own research first.
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I just had this stroke of genius earlier.
Dogecoin was always meant to be a joke and experiment but it's technology is getting left behind.
I don't want to see Doge die, but maybe they don't have to. If they hard forked to ring signatures and a modern mining algorithm, suddenly Dogecoin might be amazing and hot again.
Same goes for the beleaguered Nyancoin.
No. Too much of a social covenant change. Actually what Doge could very effectively take from Monero is Cryptonote style adaptive blocksize limits. This could work very well in Doge because Doge already has the hard part in place namely the tail emission. It would position Doge with a very similar codebase to Bitcoin but without the blocksize issue. Edit: The tail emission in Doge could over time make Doge the primary source of security in the merge mine with Litecoin. |
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One thing I'm really curious about is how network security deals with so much less funding as block emissions tank. I have been accumulating some before the pump due to bitcoin being seemingly incapable of doing simple sensible changes after years of debate.
Crypto has a bright future imo. Bitcoin not so much.
In Monero there is a fixed minimum tail emission to ensure that there is a mining incentive to secure the network. This allows for adaptive blocksize limits without jeopardizing the security of the network. In Bitcoin this is not the case and the theory is that a fee market will somehow "develop" to address this. The trouble is it is very unclear how this market is supposed to develop and at the same time allow for Bitcoin to scale. This lies at the heart of the blocksize dispute, and is why so many are very afraid to allow a blocksize increase in Bitcoin. |
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... If anyone really cared about Bitcoin being smothered by popularity, Litecoin would be exploding because it's the logical first choice for substitution (IE marginal user spillover). I'm trying to put some XMR profit into LTC, but just can't. Why? Because deep below the surface there are more subtle and powerful currents than the superficial eddies disturbing the surface foam.... "Fungibility provides privacy as a side effect." - Adam Back 2014The market is not moving to Litecoin because Litecoin has fundamentally the same blocksize issue as Bitcoin. The market has chosen Ethereum and MaidSafeCoin even though both of these coins are designed to do something that is fundamentally different from Bitcoin. I suspect to a large degree this is because the market does not see a blocksize issue in either of these coins. Time will tell but if the Market gets the idea that Monero has a solution to the Bitcoin blocksize issue watch out. |
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Deflation has hit Crypto Kingdom. It could turn into hyper deflation. CKG is still near ATH in fiat terms and up +272% y-o-y. CON is unchanged. Land price has suffered but it's harder to track. There is a great glut of land currently, but that's what I am buying. It is cheap, and Building module opens soon. You were correct that we needed to devalue the consumer items. Even at the current activity (which is a fraction of % of our target in 2 years) Town can pay the weekly 450 XMR on consols very easily even if XMR goes to 0.01, so you can buy as many as you can get. They will be harder to get in the future as: 1) Town costs are contracted in fiat, rising XMR means less XMR raised 2) Rising CON means less CON issued per XMR raised => causing a quadratic reduction on new issues. When I am mentioning hyper deflation I mean in terms of Monero which is the currency of Crypto Kingdom. In terms of fiat I would expect most CK assets to rise in price except for basic consumer items which should be stable; other wise the game becomes very expensive to play. When evaluating the ability of Town to pay the weekly 450 XMR on CON one has to consider scenarios where 1 XMR = 1 XBT, 1 XMR = 1000 EUR or more etc. |
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Things could get interesting if xmr breaks out here.
Its clearly a pump and its not limited to xmr only. Dash is also heavily pumped right now. And I really doubt that suddenly lots of people decided to start using anon right now. The only question is what will be the new support after this? Hopefully more than 170-180k. This assumes anon is the reason. My take is that the blocksize issue in Bitcoin is starting to be a significant factor here. |
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I will answer 2. This type of attack (Generating spam transactions in order to force an increase in fees) does not work in Monero because of the adaptive blocksize limit. It works in a crypto currency with a fixed blocksize limit when the blocks are close to full as is currently the case in Bitcoin and is actually profitable for a miner with a small percentage of the hash rate. It is a fundamental flaw not only in Bitcoin but in any crypto currency with fixed a blocksize. Given the large number of alt coins that have simply copied Bitcoin in this area this means a lot of alt-coins. |
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Then there is of course the adaptive blocksize limit and tail emission. |
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Deflation has hit Crypto Kingdom. It could turn into hyper deflation. |
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Potential Monero service - Money Mover.
Would this be possible? During times of transaction delay in first-generation currency networks (fixed block sizes), could a bitcoin user submit a transaction for X bitcoin, and then have X worth of Monero sent to them? Eventually, the bitcoin transaction will clear and be deposited to the Monero sender's account.
Of course, this would depend on the bitcoin user's intended receiving party being able to accept monero.
Did replace by fee get integrated into bitcoin? RBF would negate this service. Although multisig could be used to prevent that.
I doubt this could work. since this leaves the sender of the XMR vulnerable to a zero confirmation Bitcoin transaction. Of course one can introduce some external source of trust for zero confirmation transactions via multi signatures. Edit: This is the kind of thing the Bitcoin Lightning Network is trying to develop, but even there one eventually has to confirm on the main Bitcoin chain. |
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On Monday, bitcoin users were up in arms about their transactions taking a long time to be processed by the network, potentially foreshadowing dark, deeply annoying times for the cryptocurrency. In the past, network slowdowns were the work of hackers or other malicious actors. But this time, the reason for the frustration appears to be much more unsettling and banal. In the absence of any obvious spam transactions or attackers claiming responsibility, some users complained that the bitcoin network is slowing down simply because people are using it the way it’s meant to be used. http://motherboard.vice.com/read/bitcoin-new-normal-slow-confirmation-block-size-debateThis is Monero's other lesser known strength: The adaptive blocksize limit and tail emission coming into play. I have been following this blocksize issue in Bitcoin for over four years now and actually found out about Monero back in 2014 while researching this issue in Bitcoin. If transactions take forever to confirm then a coin becomes effectively unusable. As much as I hate to say this I still remain convinced that this is Bitcoin's Achilles' heel. |
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wallet crashed again. test restarted.
In fairness to Dash are you running Microsoft Windows? |
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(the instant "mixing" on the monero network)
instant??? a monero guy did a test a while back and he said it took him around 10 minutes to mix just a few dollars worth of monero. how long to mix a few hundred worth of monero? how about a few thousand? The relevant question for this thread is: How long will it take to mix 100 DASH with two rounds of Darksend? |
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In my opinion there is enough question about cryptonote's origin to disqualify it as an 'ethical' coin. People should do their own research, as you say.
You disqualify Monero on the grounds that it was forked from Bytecoin / Cryptonote, yet you do not disqualify Litecoin on the grounds it was forked from Tenebrix? Disqualifying premined / ninjamined coins is admirable, selectively disqualifying coins that are forked from premined / ninjamined coins to remove the premine / ninjamine is not. Like I said: Please do your research. |
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I downloaded and extracted the files.
It's been a couple of years since I've done any command line stuff. The programs have been compiled already?
What's the terminal command to run bitmonerod or simplewallet?
To run bitmonerod To run simplewallet First time With an existing wallet where <name> is replaced by the name of the wallet file eg: wallet.bin ./simplewallet --wallet <name> This is from the directory that contains the binaries. Also one has to make sure that the execute permission on the binaries is set Edit 1: The above is for GNU/Linux since you mentioned terminal. Edit 2: For Microsoft Windows command prompt replace ./bitmonerod with bitmonerod.exe and ./simplewallet with simplewallet.exe in the above. |
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Evan do you have the courage to be interviewed this weekend? The answer to this question will have a large impact on the credibility (or lack thereof) of the DASH project.
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This is the crux of the issue. Will he step up to the plate during this weekend especially after fluffypony's comments. If he hides the credibility is lost. |
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The strong rise was artificial thus fake and the conclusions in that article don't apply. There weren't any real buyers behind that volume and move up in price.
If you wish to deny reality I am not going to stop you. The readers can take a look at the charts and form their own conclusions. |
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