Awesome read, I did not know that China had completed their gold backed currency a week or 2 back. No need for USD for them anymore, demand for the $ is going down.
The article is "confusing" the new gold exchange in CNY and a gold-backed-CNY... |
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It might be $18K if a dream I saw comes true  |
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If there were no classes, subclasses, objects, complex types and all the abstraction clusterfucks, and you just had to deal with simple things, like vars/consts and functions, how would that affect your programming?
Wouldn't you be able to do your work? If you don't need them (in theory nobody does - they can just copy/paste similar code to emulate objects or make multiple declaration instead of using complex types), you could just skip them all together or bypass them. If the cpu can do everything by 10-15 math and logical functions, like comparing, jumping, adding, moving data, so can we at a much higher level (but still not too high to create clusterfucks).
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Another question is how much was the size of the financial scam for those buying the non-cripple-mined coins (or those generating cripple mined coins).
It's one thing if mined coins cost 0.000001 BTC and another if they cost 0.1 BTC.
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The right question is who was able to mine at multiple efficiency compared to ordinary (crippled) miners... Who was gaining disproportionate amount of coins due to the cripplemine.
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The thing with gold is that it's one of the best money laundering assets.
You can buy an acre in a gold mining area and then "make-appear" 100kg of gold that you ..."mined" from your ground.
And voila. Now you have 100kg x 40k $ = 4mn USD... all "mined" out of "the ground". Or so you say.
So if you have black money => you buy gold => you pretend that you mined it => you legalized your black money.
Gold is one of the very few cases that you can make money appear out of nowhere, in terms of accounting. That's a very useful - even irreplaceable quality. Most other types of assets or currencies have a trail.
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Animosity is not good. We're just having fun here with our altcoins (or "shitcoins" for others - depending one's view I guess) Just 5 minutes of anger can cause one's immune system to underperform for up to 7-10 hours or so. On the other hand, 5 minutes of loving feelings (gratitude, appreciation) can have the same positive effect to the immune system, extending for several hours. The "battle mode" that one might engage in while foruming and debating in troll threads, is not really conductive to one's health. It must be viewed as a fun exercise. Three beers to that :lifting mugs:  |
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Animosity is not good. We're just having fun here with our altcoins (or "shitcoins" for others - depending one's view I guess) Just 5 minutes of anger can cause one's immune system to underperform for up to 7-10 hours or so. On the other hand, 5 minutes of loving feelings (gratitude, appreciation) can have the same positive effect to the immune system, extending for several hours. The "battle mode" that one might engage in while foruming and debating in troll threads, is not really conductive to one's health. It must be viewed as a fun exercise. |
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I never asked for NSA proof transactions, nor was I promised them, but I would like protection from non-state actors, and if the right network evolves within I2p or TOR or something else, then a coin that can be NSA proof would be even better, so no dash, yes Monero.
What part of " untraceable" and " nobody" don't you get? ..."nobody can trace your transfers unless you decide so"Yeah, well, I didn't decide that I wanted the government to know what I'm transacting  Monero #SCAM #REKT XMR #snakeoil |
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The typical btc tx is around 0.3kb
It's not. It is closer to 0.5KB-1 KB, in some blocks >1 KB Look at the recent blocks.  It's the new spam vector  Every chain has a degree of spam, that's included in the 2.5 GB Monero chain as well. In reality the 7 TPS benchmark (which comes to 240 bytes) for Bitcoin just turned out to be an unrealistic ideal scenario, or at least unrealistic unless extreme transaction packing efficiency is forced by high tx fees. But that too applies to every chain in various ways. For example here is a mix 4 transaction that is only 758 bytes. If people really cared about fees, transactions would likely be constructed in a more compact manner. YMMV. http://moneroblocks.info/tx/9fd92998d3bfef59b86aeb09f29746eaf0f49846736965533714800be0eaa31eI guess it's solvable by higher fees that promote more efficient ways to use the blockchain but then you have to face the social-engineering attack vector "ohh my gawd these fee increases are killing adoption", etc etc. |
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The typical btc tx is around 0.3kb
It's not. It is closer to 0.5KB-1 KB, in some blocks >1 KB Look at the recent blocks. It's the new spam vector |
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The FRAUD and SCAM exposed: The "brochure" is fraudulent. The claims are false. This is false marketing with dangerous RL consequences. XMR #REKT XMR #verybadcrypto |
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Let's get back to the point.
The point is the FRAUDulent claim of It should have an asterisk saying, we do not guarantee that your TXs are secure, private or untraceable by the government. Otherwise people could get imprisoned or even die due to this bad and fraudulent crypto XMR #REKT. |
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The typical btc tx is around 0.3kb, so, at 2-3kb for monero we are talking 6.6-10x.
I understand all the different characteristics, but it's precisely these characteristics that give the bloat.
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I guess my quote button works fine, maybe you should hire an expert to look over your system to see what's wrong instead of just accepting it as broken.
I just insert quote / unquote by hand if it's from the SAME post that I'm quoting. I quoted 4 pieces. The first has the timestamp, the second, right below it, doesn't need to. It's the same post (as the first). The third (from a locked thread) isn't quotable, so I'm just inserting the message link. The fourth doesn't need the link again. It's the same post (as the third). In case anyone is stupid enough to don't get it, there are "..." between (quote 1/quote 2) and (quote 3/quote 4) But then again, arguing about quotes, timestamps, trolls, etc, seems to be all that you can do in this debate where XMR is proven to be bad crypto |
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Scaling "10 times better" is frankly pretty ridiculous.
It may be, on the lower side. It could be worse than 10x. What's your blockchain size right now? Blockchain size is not a measure of scalability (and as I said there is no useful numeric comparison of "scalability"), but the size is something like 2.5 GB. So bitcoin is like 25x in terms of blockchain use, but has 2k-3k txs per 10 minutes. Monero, from the looks of it, has not even 10 txs in the last hour. The 2.5 GB is not proportional to the past hour, nor is the past hour representative of all hours. A huge portion of of the entire chain, perhaps half or more, was created within the first few months due to immature pool software doing payouts stupidly, and also when there is occasionally much higher activity (during pumps, mostly). Bitcoin also didn't have that sort of usage for whole lifetime; for the first year or two it was close to dead, and up until last year the usage was significantly lower. With 2k-3k tx/block during its entire life, Bitcoin's blockchain would be much more than 25x bigger. Overall these sorts of crude comparisons just don't make sense, and just show you are more interested in trolling than thinking. Actually, now that you mention it, I haven't even factored that BTC's blockchain is 7+ years old vs 2 years old of XMR. Anyway, let's make a hypothetical here. How much bloat would Monero generate for 20.000 tx per day (1/10th of what bitcoin does), at a relatively low mixin level 3. |
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I think the focus should be more on mainstream features. Funding is pretty much ok right now. Whether by a contract or MN voting, it should be ok. The bottom line is that people don't care if it's self funded or not, they care about what dash can do for them.
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Scaling "10 times better" is frankly pretty ridiculous.
It may be, on the lower side. It could be worse than 10x. What's your blockchain size right now? Blockchain size is not a measure of scalability (and as I said there is no useful numeric comparison of "scalability"), but the size is something like 2.5 GB. So bitcoin is like 25x in terms of blockchain use, but has 2k-3k txs per 10 minutes. Monero, from the looks of it, has not even 10 txs in the last hour. Anyway, let's say btc does 200k txs per day and monero does 200 txs per day. That's 1000 to 1 in terms of txs, yet the blockchain isn't 1/1000 of BTC, it's 1/25. My 10x may be very conservative. The only way monero can scale if they make thousand clone of it may they will say its a test coin to monero and call it sombrero1, sombrero2, sombrero3 etc  Sombrero ahahahhaahahaha that cracked me up |
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So I wonder if you're some sort of reverse troll.
Actually I'm doing precisely that. You are the (normal) trolls and I'm trolling you back. As you said it. Reverse troll. Why? Two reasons: First, TPTB_need_war has more and harsher criticisms of dash, so the best you can do is make dash look worse than Monero.
In the context of this thread, it is a "given" that dash is bad crypto (just look at the title), so there's nothing to debate there. The OP made his mind based on a paper wallet generator and a theoretical instantx jamming scenario. So let's see what the "good crypto" is... and when you look more carefully, the self-proclaimed good crypto is broken everywhere Second, you're taking many of TPTB_need war's statements out of context and purposely removing the time stamps I can't always use time-stamped quotes on locked threads with the "quote" button. That's why I'm inserting a link instead where this is not possible. |
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Scaling "10 times better" is frankly pretty ridiculous.
It may be, on the lower side. It could be worse than 10x. What's your blockchain size right now? Blockchain size is not a measure of scalability (and as I said there is no useful numeric comparison of "scalability"), but the size is something like 2.5 GB. So bitcoin is like 25x in terms of blockchain use, but has 2k-3k txs per 10 minutes. Monero, from the looks of it, has not even 10 txs in the last hour. Anyway, let's say btc does 200k txs per day and monero does 200 txs per day. That's 1000 to 1 in terms of txs, yet the blockchain isn't 1/1000 of BTC, it's 1/25. My 10x may be very conservative. |
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