Difficulty recently over 3.5 billion, new ATH. Still very much lagging price though, so expect more increases. Monero network getting much more secure. Virtuous cycle.

That is up to poloniex. I have a good relationship with busoni so when he wants it, he will have my help if needed. I think it will likely happen after the Monero rebase which will be after the Monero soon-expected Monero release.

I haven't mined Bitcoin in a while but when I did so on a centralized pool or p2pool both I did I got payments once or twice a week. That's reasonable.

Anyway, the standard tx fee is 0.01/KB which is $0.13. Many routine transactions are 1-3 KB (not counting those very large ones caused directly or indirectly by too-frequent pool payouts) so fees are more like $0.13-$0.39 most of the time, not $1-2.

There is a chain of off-topic personal abuse posts that is too much trouble for me to selectively delete so I will instead ask the parties to cool it and return actual speculation discussion including, as appropriate, non-personalized disagreement


EDIT:

One continued exchange of personal hostility deleted

46 transactions in a block wow: http://moneroblocks.info/block/1127172

Equivalent to 230 transcations in a Bitcoin (10 minute) block

Thanks, Arux has let me know but I haven't had access to that account for a little while. I will get that updated ASAP.

EDIT: updated now

Buy one of these for about 30 USD and use --data-dir

http://www.samsung.com/us/computing/memory-storage/usb-flash-drives/usb-3-0-flash-drive-fit-128gb-muf-128bb-muf-128bb-am/

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.

Thank you, that is a great additional data source I didn't think of. I will revise my post.

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.

There is no 50% decline in usage aside from spambots.

The internal data is horribly corrupted by various rule changes (including some targeted at spam/spambots) and exploits (for example almost all new accounts by number are scammers).

External data show continued growth, but too slow to get anywhere significant if one extrapolates linearly.

https://steemit.com/steemit/@gavvet/the-state-of-steemit-com-growth
http://www.alexa.com/siteinfo/steemit.com

EDIT:

Google searches show a decline though (credit serejandmyself):

https://www.google.com/trends/explore?date=today%203-m&q=steemit

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.

You are not mistaken. It is a separate coin with its own identity.

The "testbed" idea comes about because being much smaller and with a stated purpose that is more experimental in nature (though this does not mean we will implement every stupid idea just because it is "experimental") mean that some things like pruning are hard forks are easier to pull off and more likely to happen here. But that doesn't make it just about porting things to Monero. As someone else noted a few comments back, both are open source and free to exchange ideas and code whenever it makes sense to do so.

No it isn't "the next Monero". It is a separate coin with some common features and history. But please evaluate it on its own merits and decide whether you like it or not. Either is perfectly okay.

Correct


That is quite true. The discussion on whether and how to change Monero's block time was informed by the experience having done so with AEON (specifically how it affected the level of orphan blocks and reorgs on the network), and also in identifying some specific issues with transitioning the difficulty algorithm (specifically the experience here showed that a special adjustment rules was not needed or worth the added complexity, and Monero didn't include one for that reason).

Also, while pruning hasn't been implemented in Monero the experience here has also informed development plans there in terms of making similar optimizations in the future (that would be even more true if the usage on this network picked up a bit showing more experience with the storage reduction in practice).


Very good point, I would not have have remembered that one myself.

Another one was merging that ip ban code from BBR (required changes due to BBR's own divergence) and making some improvements to it. That happened here first then was ported to Monero, the latter being more straightforward due the similarity in code.

The cryptonight-lite variant uses half as much cache and half as many rounds per hash (only half as many rounds are needed to ensure good coverage of the entire scratchpad, since it is smaller). Thus you can get twice as many hash attempts per thread and, depending on cache availability, twice as many threads on your CPU (overall about 4x faster, or more if the CPU has less than 2 MB of total accessible cache). Example: i7-4770 has 8 MB of cache and 4 cores but supports hyper threading for 8 hardware threads. With 8 threads you are using a total of 8 MB of cache here, or 16 MB with regular cryptonight (which wont work since the CPU only has 8 MB).

There are also quite a few low end or mobile CPUs with only 1 MB of cache or 2 MB but segmented so that only 1 MB can be used by any core. Those perform terribly with regular cryptonight, but are perfectly usable with cryptonight-lite.

As for a white paper, there really isn't one, as this was originally a "keep the coin from dying" project when I took over and has evolved from there, rather than having a real "launch". There are various technical writeups scattered throughout this thread including the pruning FAQ and some comments about the safe allowance of lighter-weight 0-mix transactions, and now the above description of the function and motivation for cryptonight-light (a similar writeup might have appeared earlier, I don't remember). Perhaps at some point those should indeed be collected into a white paper.

Having choices is good: https://github.com/monero-project/kovri

I'm not at all convinced the "average poster" will think that. The subset of users who are trying to be professionals or are gamers by nature may do that, but many will not. What you are doing in terms of commenting and posting whenever you feel like it, and the rewards are whatever they are (and always infinitely more than reddit or Facebook), seems quite typical to me. If that were not the case there would be even fewer users since most don't earn much if at all. That people continue to participate despite very modest rewards in most cases supports this model.

I think whoever it is is trying to make a big buy-in without massive upward slippage. So they put the wall there periodically enticing someone to move coins to the exchange and dump, and remove it to avoid pushing the price up.

It's probably a large Bitcoin whale who wants to reallocate/hedge in a big way onto a different chain/project. Someone on the level of Roger Ver, or possibly literally him (but probably not).

I don't entirely agree with the bold. Corporations/entities should also be treated as a passthrough to the extent they hold CON or S-CON. Example of this in particular is S-HODL, which holds S-CKG/CKG (written off under this hypothetical) as well as S-CON/CON. S-HODL shareholders should receive the proceeds of any CON/S-CON liquidation.

There may be some other edge cases that need further consideration.