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1061  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: MoneroForCash.com - Buy and Sell XMR Person-to-Person with Cash on: September 05, 2016, 07:52:18 PM
We should buy localmonero

Isn't that kind of me-too-ish? I would think a well-designed and successful physical and p2p trading site with its own unique brand would be better.
1062  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: September 05, 2016, 02:04:47 PM
Best to wait for a future version that supports lower fees. Probably will happen relatively soon. Sorry I can't recommend anything better than waiting, but this is simply a consequence of somewhat inefficient mining.
Thanks, smooth. I will take your advice. I am sorry for my inefficient mining. I did not realise I shouldn't do that. Sad

It isn't necessarily your fault. Often the pools do their users, including new users who don't know better, a disservice by paying out in tiny increments. It is not really bad if your goal in mining is to build a stash to hodl for a long time with hopes of a much higher value(in which case fees would likely be lower) but it is a killer if you want to move the coins sooner.

Hopefully this will work out for you eventually.
1063  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: September 05, 2016, 12:20:45 PM
Have you really utilized the sweep_unmixable command? Because from your logs it seems like you have a lot of (possibly unmixable) small inputs, which results in a high fee.

In addition, did you mine to this wallet?
Yes, I have utilised sweep_unmixable and now I get the result "Error: No unmixable outputs found" when try to use again.
Yes, unfortunately I did mine to this wallet. The most of my mining was with Minergate however, not p2p pool.

The recent proposal is 3.18 XMR of fee for sending 4 XMR. We are approaching 100% of original transaction amount.

Best to wait for a future version that supports lower fees. Probably will happen relatively soon. Sorry I can't recommend anything better than waiting, but this is simply a consequence of somewhat inefficient mining.
1064  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AEON 2nd gen cryptonote, anon, mobile-friendly, scalable, pruning on: September 05, 2016, 11:44:26 AM
nice Bittrex tradind and accumulation... I'm waiting for new price, when this coin will be placed into Poloniex exchange...
Its doesn't happen Tongue
Its happening Cheesy. U want buy more cheap coins before pump ? Stop FUD Roll Eyes
I think Polo hasn't RElisted coins usually. AEON was delisted last autumn if I remember correctly, but well, very few expected this renewed interest in AEON.

Éven in case of a new development ?

There is no rule against it. Most coins that get delisted are just dead forever, unlike this one.
1065  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Kingdom - 1991 Retro Virtual World(City) on: September 05, 2016, 11:13:32 AM
Can't we just convert everything to S-HODL and have a buy back or smelting program for gold items? I think maintaining the liquidity that one asset gives you lessens the burden on government procedures and increases the overall value of the game.

@Smooth, please chime in as I think S-HOLD's ratio will be of interest here.

The proposal to merge CKG with CON is similar. S-HODL would following such a merger be holding a single asset, and may or may not itself continue to be necessary depending on the nature of the new asset (I suppose automatic and passive dividend reinvestment will continue to be a useful purpose).


1066  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 05, 2016, 02:21:23 AM
Also isn't monero scability worse than BTC (ie. more data per transaction to process)? (I know Monero has an adaptative blocksize but that doesn't solve the centralization of nodes problem).

The difference is modest, now that people have adapted to using Monero efficiently (not sending payments with lots of unnecessary decimal places for example). Go look right now. Many real transactions using ring signatures (now required) on the live network are <1 KB. Some are larger of course. Median block size last 800 blocks 3500 bytes, average transactions per block 3.5. Average tx size after subtracting block headers is <1 KB.

The bigger increase in transactions size will come with the (pruneable) range proofs of RingCT. The same issue would affect BTC if it added CT and if not then achieving any kind of privacy (though not as good) requires engaging in mixing, chained coinjoins, etc. which reintroduce the size penalty in the form of more transactions.

There is no free lunch.
1067  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BCN] Bytecoin. Secure, private, untraceable since 2012 on: September 05, 2016, 02:17:02 AM
Monero that has the same max supply of 184.46 billion coins since the start of the XMR announcement I always needed why more

Monero does not have the same max supply of 184.46 billion coins, it has 18.446 million, 10000x smaller (plus tail reward)
1068  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: September 05, 2016, 01:23:26 AM
Yes, transfer fees are quite ridiculous right now but that will be resolved with the next scheduled fork, I am confident.

Any way to check/estimate the fee before I make the transfer?

Yes you can turn on "set always-confirm-transfers 1"
1069  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 04, 2016, 09:34:41 PM
Hash rate closing in on 40 million.
1070  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 04, 2016, 09:05:05 PM
I've seen a handful of people mentioning the possibility of XMR overtaking BTC. Is this just XMR fever talking, or is there some rational basis for this argument?

I see the odds of XMR overtaking BTC being close to nil. That said, I believe there's a high probability it could be a strong 2nd, overtaking LTC as BTC's "silver".

I'm certainly not going to say it will. But I will say there is a rational reason to expect that it might.

Bitcoin was supposed to be digital e-cash. Cash has to be fungible. Monero is the best fungible digital e-cash contender out there right now. The day people start to worry about whether the funds they are being paid in are tainted. They start to feel that sense of creeping dread that maybe that 20 grand they just accepted as payment for their car could be worthless. That is the day they switch to XMR in mass. Unless bitcoin manages to overcome the politics that are burdening it and find a solution to this problem. Which they might.
Won't confidential transaction solve the problem of fungibility of bitcoins?

No unlinkability and untracability. It improves privacy at the individual transaction level if and when it is ever deployed, but coin histories, tracking, and taint remain.

To put it another way, Monero is adding CT to what we already have (with RingCT), we are not replacing what we already have with CT. That would be a step backward.
1071  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Kingdom - 1991 Retro Virtual World(City) on: September 04, 2016, 08:57:47 PM
Holders of S-CKG S-CON and S-HODL are welcome to express their views on this reorganization proposal to me which I will express as administrator of the indirect holdings of those tokens. Failing that I will remain neutral for the time being, and I am neutral with respect to any other holdings I directly or indirectly control.
1072  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 04, 2016, 07:39:07 PM
Bitcoin is not going anywhere man. In terms of network effect ...see below...  it trumps all other alts

Yes

Quote
...from above... and security

I dispute this, or at least dispute the magnitude of leadership at a minimum (it may still be more secure than any alt, but it just very hard to assess). Highly centralized mining isn't all that secure. Hash rate (i.e. energy burn) doesn't tell the whole story.
1073  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Kingdom - 1991 Retro Virtual World(City) on: September 04, 2016, 11:01:42 AM

It has been well over 24 hours and no shares have been GIVEn to smoothQC. Thus it appears on one wants to participate in the auction and it is cancelled.


Was waiting for more details before deciding--not about the auction, but if you would participate yourself.

I'll repost this here:

If anyone wants to be included in the auction, GIVE your shares to smoothQC. Any shares so GIVEn will be relisted on the market (details tbd) at a declining price until fully sold. Proceeds will be divided proportionately among participants. Submitting period will be open for 24 hours from this post.

By "tbd" there, I meant and mean, starting price and rate of decline. I had no idea of the state of the market and I still don't. Presumably others don't either, which in part explains the need for an auction. So when the time comes to list shares I will determine appropriate details.

I don't plan to participate. I'm (both directly and via various entities) the largest shareholder of smoothQC. Any action on my part would be a major restructuring. By contrast, I see this auction as being a convenient way for smaller shareholders who wish to liquidate/exit to do so.

Call for shares will reopen for 24 hours.


1074  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Kingdom - 1991 Retro Virtual World(City) on: September 04, 2016, 09:29:11 AM

Well that is interesting, and certainly favorable for HODL, which owns both. I'll update the market making for the related assets within several hours.


As a shareholder, I'd also appreciate marketmaking for SQC Smiley thanks!

That one will be a little bit tougher given (I have) no idea what is going on with the game itself and most of the value there is BEER sales.

I'm open to running an auction or something, if existing shareholders want to place their shares for sale.


That sounds great. Wasn't there other operations also for which SQC was involved, such as CONs, quarrying etc? if I recall right, the buy price half a year ago was approx. 800k. Auction sounds good too.

Quarrying has not been going on, at least not by us, for a long time. Obviously nothing going on in the game now other than trading/speculation.

If anyone wants to be included in the auction, GIVE your shares to smoothQC. Any shares so GIVEn will be relisted on the market (details tbd) at a declining price until fully sold. Proceeds will be divided proportionately among participants. Submitting period will be open for 24 hours from this post.

It has been well over 24 hours and no shares have been GIVEn to smoothQC. Thus it appears on one wants to participate in the auction and it is cancelled.
1075  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AEON 2nd gen cryptonote, anon, mobile-friendly, scalable, pruning on: September 04, 2016, 09:27:23 AM
Does anyone know something about the current status of the website?
All there's left is a proper domain, right? Since Sammy already did a great job designing it.

Once we have a proper domain we could start reaching out to other exchanges or wallet providers, as well as planning other PR initiatives.

There is a repo with a website, smooth need to investigate how to make github to host it and adjust DNS records.
I occasionally deleted nginx from my spare server so demo gone.

Alright. I just quickly looked it up and found the following overview of the different types of domains that can be setup with Github https://help.github.com/articles/using-a-custom-domain-with-github-pages/ &
more specifically, how to setup a www subdomain https://help.github.com/articles/setting-up-a-www-subdomain/

Now it's just about registering a domain or do we already have one?
Smooth, would this be something that can be deducted from the development fund or shall we put together a small amount in order to realize this?

In case we don't have a domain how should we proceed from here?
I could recommend Namecheap as a registrar. It's very cheap (a couple of bucks per year), offers free DNS services and WHOIS guard is about 2,50$ per year.

The domain is already registered and under my control. I'll set it up soon.
1076  Alternate cryptocurrencies / Speculation (Altcoins) / Re: shadowcash price explodes on: September 04, 2016, 07:53:33 AM
wasn't Shen N. the one who broke the SDC crypto thus de-anonymizing its users/tx?

Last I heard SDC was broken crypto.

They fixed that bug (correctness of the fix I'm not vouching for). They did not, as far as I know, fix the process issues that led to it.

Fix or not, didn't the bug allow de-anonymizing of users and tx. So if an attacker knew of this bug before anyone they could in theory have unraveled any privacy features SDC employs for all existing transactions?

You brought up the validity of the "fix" of which I know nothing either. That does pose a problem assuming no credible peer review of the fix was done. If not, there is a good chance it could be a band-aid that was put on to the problem and not a source solution.

When you mention "process issues" are you speaking to the way SDC has developed/tested/deployed its code to the end user?

Here's my comment at the time. In particular the horrifically-irresponsible dismissal of the issue as FUD by the leadership is a particularly bad sign. At least they should know what they don't know, but they don't.

I'm not aware that any meaningful changes have been made, but I don't follow it at all, so I may be unaware.

The question the community should be asking is what changes have been made to the process to address the underlying causes for not only the original bug, but also for: a) it not being found over a year in the wild, and b) the flaw being incorrectly dismissed by the core team once reported.

I would say the underlying causes are:

1. Poor/nonexistent core competency in cryptography and math.
2. No peer review.
3. Leadership failure in not recognizing the need for #1 and #2

Just fixing the bug is treating the symptom, not the cause.

You can click through and read about various other problems with the development and marketing teams and process including repeated plagiarism and repeated false denials of such on that uncensored thread (which needed to be created by a disgusted former community member due to censorship of the original thread)
1077  Alternate cryptocurrencies / Speculation (Altcoins) / Re: shadowcash price explodes on: September 04, 2016, 06:35:42 AM
wasn't Shen N. the one who broke the SDC crypto thus de-anonymizing its users/tx?

Last I heard SDC was broken crypto.

They fixed that bug (correctness of the fix I'm not vouching for). They did not, as far as I know, fix the process issues that led to it.
1078  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 04, 2016, 05:37:04 AM
People should secure their computers.
Sounds a bit like the classic "she was asking for walking around in that dark ally at night" defense Cheesy.

I'd tell a sister or female friend to be careful walking around in the dark. Wouldn't you?

Quote
I would rather miners secure the network and dump than not secure the network. It is good for us that this thing is happening and in no way our fault.

Achievement unlocked. Blockchain rational thinker.
1079  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 04, 2016, 05:24:10 AM
there is a breed of miner associated with Monero who is not particularly interested in the Monero Network itself.

FIFY.

Miners of just about every coin, if not every single coin, are bottom feeders, don't give a shit about the network, and want the most money (and I love them for it; no hate here). This was proven in Ethereum where you saw miners jumping between ETH and ETC, in both directions, at the first profitable opportunity. They couldn't care less which coin or network they were supporting.

The Monero difficulty is hitting new highs, making the network more secure and valuable. Virtuous cycle.

Quote from: Anon136
Hes talking about botnets

People should secure their computers. Failing that, every bot node that is helping to secure the Monero network is one less that could be used to attack it.
1080  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Kingdom - 1991 Retro Virtual World(City) on: September 03, 2016, 09:42:40 PM
The remaining cases of negative balance are ILUVBTCFOC and PJ. The former can handle their own affairs, but I'd like to utter a word about PJ. He is our first full-time team member who made a terrible mistake right after the game was paused. Unsure about the exact rules, and unchallenged by the others since he is a core dev, he market sold some items and withdrew the money. I had no way to leave the trades in force, because they had caused overdraft to the buyers, who assumed that the game is paused as it had been told. When we woke up to the severity of the situation, the trades were reversed, so the now-massive overdraft fell on PJ who had already withdrawn the much less valuable XMR only weeks before. If you have heart for PJ, please help him now. Anything is appreciated but the most appreciated is cold hard M. King will donate 100 million towards our dear and longstanding developer's plight.

How much is the PJ overdraft?
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