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921  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: January 04, 2018, 02:39:15 AM
This just struck me. When we get range proofs a "queued transaction" option would be amazing. For those who are unaware with the introduction of rage proofs comes the scaling of transactions by number of outputs at log(n). This would massively reduce fees for a lot of users and atleast some amount of network load.  It would in a way allow monero to do micro transactions. Or something maybe pretty close to it.

So lets say we are talking about the gui. When you prepare a transaction right below the "send" button there could be a "queue" button.  Just queue up any sort of transaction that is non critical. If you want to make a donation to your favorite artist. Or you owe a friend some money but he isn't in a hurry to get paid back. Or you want to buy something but you aren't in a hurry to get it right away. Don't send it just queue it. Once you get a decent amount of things queued the fees would be drastically reduced. Up to 80% ontop of the already 80% savings being brought by range proofs.

And incentivizing people to queue in-order to save themselves money has the added benefit of saving everyone else who uses the network money too. Holy virtue cycle.
922  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: January 04, 2018, 01:06:00 AM
The table does not reflect Bytecoin accurately, other than the fact it was the first Cryptonote which Monero forked from. Transaction privacy is protected by secure cryptographic algorithms. whereby no one can identify who sent the money, who the receiver was, and what amount of money was transferred. It utilises all the methods in your table: https://wiki.bytecoin.org/wiki/Main_Page

Monero is inflationary and is already vulnerable to intense network shocks which could lead to an economic crash. BCN is close to its emission limit and priced at $0.006 - This is the time to pull out of XMR while the going is good and reinvest into its ancestor: Bytecoin precisely when the market supply will restrict "dumping" of coins. 

Did you ever stop to wonder why the bytecoin community bailed on bytecoin and went with this fork instead? I was around and closely following cryptonote when all of this was happening. I went with the monero fork instead for the same reason as everyone else. Bytecoin is a premine scam.
923  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 04, 2018, 12:51:32 AM
I wonder if everyone has gotten the message yet: https://news.google.com/news/story/dwYP2zAQWq3CYKMaBg3ejO5oXXNrM?ned=us&hl=en&gl=US

TLDR: Something something evil bad guys crooks criminals Monero underworld something something

Hey it's about time! I have been wondering when we would finally get on their radar.
924  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: January 01, 2018, 10:25:19 PM
how does monero compare to deep onion in terms of pros and cons?

Monero has an opaque block-chain. Deeponion masks IP traffic. Which you can also do with monero anyway by downloading the necissary dependancies and running it like this

Code:
DNS_PUBLIC=tcp TORSOCKS_ALLOW_INBOUND=1 torsocks monerod --p2p-bind-ip 127.0.0.1 --no-igd

But even that is just a temporary stopgap measure. Kovri, our own network level privacy tool has its development fully funded and is actively being worked on here. https://github.com/monero-project/kovri

Monero is the real deal. It was what you were probably actually looking for when you found your way to deeponion.
925  Alternate cryptocurrencies / Altcoin Discussion / Re: IOTA manual claims tracker (UNOFFICIAL) on: January 01, 2018, 08:58:21 PM
The new wallet 2.5.6 is showing NO connection, I uninstall and reinstall. Add it to Malwarebytes exclusions

Not the right thread but did you try a different server?
926  Alternate cryptocurrencies / Altcoin Discussion / Re: IOTA manual claims tracker (UNOFFICIAL) on: January 01, 2018, 07:32:38 AM
End of year. No iota Angry
Has someone belonging to list 1 received its iotas ?

There are people claiming that they have received theirs. The devs are claiming that they are sending out. Activity on the tangle seems to confirm this. They are saying they expect to be done with everyone's claim within a couple of weeks.
927  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 01, 2018, 07:31:05 AM
Let there be $5000. This is our year.

Man I would be so happy with anything north of 1000.
928  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 30, 2017, 09:17:54 PM
Now that Ripple overtook Ethereum, what do you guys and gals think that means for the whole crypto space? Do you think we shall see Ripple at no.1 at some point? I want to hear your speculations.

Only a small fraction of the ripple currency supply is traded. The rest is held off the market. So a price is arrived at based on trading this small subset then multiplied with the whole to arrive at a "market cap". This would be like taking the price of monero and multiplying it times ten times the total currency supply in-order to arrive at monero's market cap. It would be a sham and for a similar reason the "market cap" of ripple is a total sham. Ergo it means nothing.
929  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 29, 2017, 10:49:37 PM
What I actually want to know if this "unknown" hash rate is more distributed or more concentrated on a bot network which seems distributed but is controlled by a single/few entities. I presume there are these bot networks given the past ransomeware spread. Maybe the first wave was "naive", locking computers and demanding BTC/XMR direct transfers, but now they just keeps silent and continue spreading and collecting the money through mining.

Either way they probably aren't really a threat to us. Only the overlords of the legacy banking system, governments, or the heads of other crypto currency projects might care to want to harm our network. The people who run these botnets are probably not one of these. Infact they are probably, at this point, invested in the networks success themselves unless they go and liquidate every penny of revenue.
930  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 27, 2017, 03:21:38 PM
Wow they are really annoying...
931  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 27, 2017, 06:41:53 AM
Jan. 23rd

And if I'm right the 10 XMR goes to the development fund.  Wink

Crazy thing is. 10 XMR really goes quite far towards development now. You can pay someone to work full time for a couple months with that! For 10 measly Monero. Of course they aren't so measly any more and that's the point I guess. It's just amazing.

Are both slots for January 1 taken yet? If not I would like to take one. Also if I win go ahead and send them to the dev fund in my name.
932  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: December 27, 2017, 02:41:51 AM
XMR best for Anonymous coin but what is differences with XVG, DeepOnion and seems

Don't know anything about XVG but from what I understand DeepOnion just adds onion routing to the wallet software. The same thing could be done with a tor wrapper to any crypto-currency. The blockchain is visable to all. So even if you are hiding your network activity you can still be compromised through blockchain analysis. Monero doesn't provide network level security at this time. It is in development. But there are instructions for running monero over tor which makes it equivalent to DeepOnion in that respect. But monero has the added, and very critical, advantage of having an opaque blockchain. It is more or less impossible to determine anything from the monero blockchain except that no one has double spent. Which is the only thing you really want your blockchain to do anyway. Unless its something like eithereum with smart contracts or something.
933  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 26, 2017, 06:20:13 PM
They were talking about BTC and tulips and having a good laugh.

To be fair they will probably have not the last laugh but a good hard laugh in the middle somewhere. Every time there is a revolutionary paradigm shift people overreact and become too exuberant. The dot com bubble is a great example. People lost their minds because they saw the potential of the internet. They weren't wrong in the long run. The internet really has changed the whole world. But that didn't stop them from losing a lot of money in the dot com crash. The apple stocks that they bought are now the most valuable publicly traded equities on the planet (I think, too lazy to look and make sure I'm right) but that didn't stop people from losing a ton of money on apple at the time. Crypto will probably be a lot like that too. The future amazons of the crypto world are here now. But they will probably be ridiculously over bought at some point either now or in the near future.
934  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: December 26, 2017, 03:40:46 PM
Hello Monero community!

I'm looking for some another coins based on the Monero algo. Do you know some altcoins based on Monero? Most of projects which I have found it is defenitely scam. Could you link me some serious Monero related projects?

Thanks

I think Aeon is such a project. Not 100% sure but I think so. Haven't really looked into it. I don't see the value proposition in copy coins.
935  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 25, 2017, 08:31:04 PM
So, hold it and keep quiet.

I want every person of good will to benefit from owning Monero during this early growth phase, so I am loathe to keep quiet about it.  The more press we get, the sooner we can overcome the growing pains of low market cap.  With monerujo in place, most adults can deal with holding and using small amounts of Monero (unless they are on iOS - which desperately needs to be fixed - maybe coinbase will fix that, maybe not).

But hey, I am neither inclined nor talented to do PR work.  I think.

Anyhow, it is probably best to defer the promotion of XMR to the general public until economic fundamentals have caught up to the price, unless you want even more volatility.

You helped me to hodl through some of the darker days. So I can say you have had an impact on at least one person.
936  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: December 25, 2017, 08:29:20 PM
50% exactly. not bad.

~50% botnets and ~50% legit miners would have probably been my guess if you had asked me to take a wild guess. I don't think it really bespeaks rogue ASICS. Which is the only real concern I think.
937  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 25, 2017, 05:36:34 AM
In regards to BTC, I believe, at least for now, that BTC is essential as the backbone of the cryptosphere, not only because of the trading pairs but also because of the general sentiment which is important. All the people who want BTC to fail at this moment are delusional thinking that their alt coin of choice would increase in value. Mainstream sentiment would be destroyed.

I completely agree. But I don't think anyone is saying they want btc to fail. Just that they think it will. Very different thing. And sentiment will recover in time. This whole sector is probably going to behave a lot like the dotcoms. It's wildly overbought because people are excited about technology that is indeed revolutionary just like people overbought tech stocks because the internet was so revolutionary. But the amazons and apples are already here, they will survive the correction and be MUCH bigger after just like amazon and apple are now after the dotcom crash. Also if i'm right and we are going to see our own dotcom crash and recovery, a recovery with bitcoin leading the charge will be a more centralized world than one without. It could be better in the long long run for bitcoin to actually die. For decentralization's sake.
938  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: December 24, 2017, 09:20:48 PM
Quote
First they ignore you, then they laugh at you, then they fight you, then you win.

Still here. ^

I wonder at what price we start to move to the other stages? I would have thought this would be enough for them to at least start beating the (propaganda) drums of war.
939  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA on: December 24, 2017, 09:04:56 PM
Wouldn't it be very easy for some hacker to hack one of the main nodes and  just read and then steal the Iota coins in them? Given that the address also acts like a password this seems to make the Iota a very easy to steal currency, yes?

Addresses don't act like a password. Where are you getting that information from?
940  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 24, 2017, 06:34:17 PM
Hey guys

As this is a speculation group I have a simple question: Do you guys believe XMR will be 0.1 BTC someday ? like Bcash

Briefly, in passing.  Brings to mind a random conversation with a fat friend, year ago.  I'll skip to the relevant bit: " 200 pounds?  Ya I was 200 pounds once.  For about 10 minutes.  In 8th grade."  Some things are fleeting  Wink

That's nothing. I'm the former world record holder for youngest person on earth.
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