So far we had: Ring sig as in Monero -> Obfuscate the sender, amount visible Confidential transaction by gmaxwell -> Hide amount, sender visible Now we have both together. Moar privacy  This seems like a really elegant and useful work, I'm super grateful to Shen. Is it doable? Should we raise fund to implement it? |
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I sent 16 btc more to buy XMR on Polo. However I am not rich enough to do it every week. So if the dump continues 2-3 weeks more, I don't know what to do because my bag is quite heavy even before the dump
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Ethereum use cases are 10-years early. I don't think it is helpful at the moment. I speculate on the rise of a border-less, global-scale e-cash like XMR
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Will we ever see an official GUI wallet for Monero? How do you expect non-tech savvy people to use this coin without an easy wallet? Is it really too hard to make a wallet for 1.5 years?
I agree with the other posters. The engine is more important than the body. This is not to say that the body (GUI wallet) is not important. It's been said that it's coming, although technically there are GUIs now. The one that seems most easy to use is: https://mymonero.com/#/ Since it's web-based, it can be used virtually anywhere and only you know your private keys. It is great if someone can explain why "only you know your private keys." is true and how mymonero.com can check balance and send transactions on behalf of user without exposing his private key to mymonero.com owner. I think that it would be a FAQ. |
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Zerocash is written by some academic researchers lol. Maybe we need to wait for another 5 years to see a stable and usable release.
The greatest skill and passion of those researchers are not writing code, but reading and writing publications, and talks. Don't hope.
In 2013, they told it would be released soon. Actual: No
In 2014, they told the same. Actual: No
In 2015, they said they were working hard (on another job lol)
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> Wow, I new that XT
So are you new to Bitcoin too?
> Why on earth would we need 8GBs of transactions ever 10 minutes?
People need. Maybe you don't. You can ask the same silly question about why human population is so large? Moreover, 8GB is a limit, not effective block size. If nobody uses Bitcoin, effective bitcoin block size will be closed to 0.
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Oh Monero solution to block size limit
Block size limit is not important in the discussion.
The important is
+ Too many people don't understand block size and block size limit is
+ Political discussions: bitcoin for everybody or for elites only (lots of people try to ignore where bitcoin network effect comes from)
+ Group interest
+ Boys crying wolf: Viacoin, Blockstream devs
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We need him. However, Gregory Maxwell can quit if he wants. There are a lot of competent developers out there. His lack of hand-on experience in capacity planning for scalable systems makes me sick. We need more competent developers, not just him.
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"Crash the price" A kid says. Ha ha.  |
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no, on the contrary he should be the only one in charge, the others 4 should resign instead, it's better to have only one guy that deal with the whole client, after all this whole thing starteg with satoshi only
this |
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Bitcoin for everybody not just for the elite, super rich or startup services ....
Voted for XT
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I think everyone in this forum except me are CIA mole. Get out
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Non-archival full nodes and archival ones reminds me of military. I don't how military is organized in your country but in my country it is as follows:
+ Regular troops (national level): the strongest, most competent, best equipped but biggest cost to maintain
+ Local troop (province level): less equipped, less competent. Acts as complimentary army when war happens
Why local troops when this country already has the strongest ones: regular troops?
+ Improve confidence at affordable cost
I do believe that non-archival nodes can act in the same way to "local troops".
Actually it is the Plan B that makes Bitcoin network more robust (decentralized) to some extent when the Plan A to increase archival nodes (like regular troops) requires huge amount of cost.
Theoretically, I don't know if non-archival full nodes and archival ones can work together to make 2-tier protection shield to Bitcoin network or not.
It looks like to me that Cryptonite network is actually composed of all non-archival full nodes. Cryptonite implementation has to remove features of programmable money/assets and some levels of security to solve blockchain bloat.
PS:
Some guys out there believe (not prove) that "withdrawal limit" doesn't bring security to the network. Is there any detailed document to explain how it works in decentralized manner?
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There is a possibility that autopruning will be included into 0.11. Then a Bitcoin full node may requires more or less than 1 Gb disk space
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It looks like a scam to me. Full of marketing words but none of them is about technology innovation  |
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It would be nice to get the messaging system implemented better. It seems NXT has a way of encrypting messages within it's network. Perhaps that could be used as a model. Seems they are limited to 1000 characters which seems sufficient. What's the limit within Cryptonite?
What is the motivation behind such a messaging service? |
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Thanks. I solved it.
Steps I have done:
- Delete /blocks, peers.dat, trie.dat (do not delete wallet.dat)
- Run cryptonite-qt with option -resync -rescan
The whole block chain has been downloaded in 20 minutes
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I am unable to sync the blockchain. It stuck at block 246270 for 3 hours already. The message that wallet displays is: Downloading headers - 7 days behind.
I tried to re-sync (with option --resync) 2 times (deleted peers.dat). No success yet.
My peers:
20:39:00

getpeerinfo
[
{
"addr" : "66.45.239.67:8253",
"services" : "00000001",
"lastsend" : 1421847497,
"lastrecv" : 1421847502,
"bytessent" : 5309,
"bytesrecv" : 1078737,
"conntime" : 1421847330,
"pingtime" : 0.00000000,
"version" : 10000,
"subver" : "/Satoshi:0.1.1/",
"inbound" : false,
"startingheight" : 256380,
"banscore" : 0,
"syncnode" : true
}
]
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