...
None of which addresses the unethical statements and omissions in the bitcoin.com post about Zcash.
https://news.bitcoin.com/meet-top-3-coins-cryptocurrency-anonymity-race/ is in reality a thinly disguised press release since Z.cash unlike Monero and Dash, has not been tested in any way by a market trading the actual currency. There is simply no objective basis to claim that Z.Cash is one of the top three. The content of such PR pieces is not unusual (if still highly biased), but I'm not aware of other cases where there is an explicit statement falsely claiming to be unaffiliated with the businesses [sic] mentioned in the article and at the same time deliberately excluding Roger Ver's name from the list of Zcash investors in the Wired article cited as a source. That goes beyond even the usual level of hidden conflicts to explicit false statements and obviously selective omission. |
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Price lowered on both listed orders.
EDIT: coins available for 13k sat now
You add coins to the OP selectively, LoL.  Huh? I add all the coins that are escrowed with me. The service is open to anyone. I just added a comment that other offers may be available on the thread. |
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We had a large withdrawal, and the pool is now only about 458.50367 CLAMs. We'll now expect to stake once every two days on average (but of course luck can play a large role).
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... Roger Ver is a self-serving used car salesman. For those in any doubt .... https://www.youtube.com/watch?v=UP1YsMlrfF0Transcript: I'm Roger Ver, long time Bitcoin advocate and investor.
Today I'm at the Mtgox world headquarters in Tokyo Japan.
I had a nice chat with MTGOX CEO, Mark Karpeles, about their current situation.
He showed me multiple bank statements, as well as letters from banks and lawyers.
I'm sure that all the current withdrawal problems at MTGOX are being caused by the traditional banking system, not because of a lack of liquidity at MTGOX.
The traditional banking partners that MTGOX needs to work with are not able to keep up with the demands of the growing Bitcoin economy.
The dozens of people that make up the MTGOX team are hard at work establishing additional banking partners, that eventually will make dealing with MTGOX easier for all their customers around the world. For now, I hope that everyone will continue working on Bitcoin projects that will help make the world a better place.
His involvement with Zcash is a huge red flag for the ethics of the project In fairness to Roger Ver my take is that he was duped. If one wants to scam a community with a strong Libertarian and Austrian Economics / Hard Money constituency I can see why making the US Government and the traditional banks the fall guys would make a lot of sense. Mark Karpeles played this game very well and fooled a lot of people out of their money. Edit 1: As for Z.cash the biggest issue I see is not Roger Ver as a person but rather their using a portion of the emission to repay their investors, which could easily make Z.cash a centralized virtual currency under FinCEN regulations and the Zcash Electric Coin Company an MSB. Of course the guidance was published close to three years ago https://www.fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html but I am sure one can make the US Government the fall guy again when things go wrong. This did after all work for a while for Mark Karpeles. Edit 2: Roger Ver went to great lengths to renounce his US citizenship so I would not be surprised if the Mark Karpeles spent a lot of time explaining to him how the "evil" US Government was behind the actions of the traditional banks. None of which addresses the unethical statements and omissions in the bitcoin.com post about Zcash. |
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Low reward is good for controlling inflation
We don't wan't XMR to be a Zimbabwe currency
The Monero tail reward will start at <1% inflation and slowly (over decades/centuries) decline. There will be no Zimbabwe scenario based on emission although there could be goods price hyperinflation due to the value dropping if the project fails for technological, social, and/or economic reasons. |
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another moron comparing bitcoin to xmr
Yes exactly: bitcoin block reward wont drop this low until year 2100
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In two years poof no more block reward
Incorrect. You must be one of the three retards reward in Aug. 2018 1xmr.. You retards thought getting rid of the block reward fast is going to get you rich ? Nope, this shitcoin wont live to see 2018 Incorrect. In Aug. 2018 reward per minute will be ~2 XMR. Also, know your history. Aug 30 2018 , block reward below 2xmr.. Is this the best you can do, play stupid? Who is going to secure the blockchain, miners sure won't, block reward will be almost non existant (bitcoin block reward wont drop this low until year 2100) and they sure aren't getting any xmr via tx fees (look at the blockchain today, two years after launch - no transactions, empty blocks). Who is the greedy bastard that came up with the emission rate? ) Bitcoin block reward is already 2.5 per minute, and will be 1.25 per minute soon. Keep trying. |
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In two years poof no more block reward
Incorrect. |
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Price lowered on both listed orders.
EDIT: coins available for 13k sat now
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smooth, HE The Marquess of CryptoLuna, is given King's Hero
"smooth's constant and neverending pursuit of creating financial products has not gone unnoticed"
In addition to the decoration, King's Hero is a 50 CKG medal. Previously these were made from King's gold, but this was changed to emphasize the principle that "your effort (not the King's) is required for King's Heroes to be created". So the KH may use whatever treasured gold items he has, to create this eternal token of heroism, the King's Hero Medal.
Since gold bars are a minimum of 100 CKG, this required using coins. The easiest and cheapest way to acquire 50 CKG worth of "non-premium" coins was to redeem them from the ETF. 5100 units of S-CKG given to CKGE 251 10 units of CR1602E given to smooth 18 10 units of CR1602E consumed |
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Anything more than 8 outgoing connections means you have some in a "stuck" state (some of the incoming connections may be stuck as well). This is a known issue that is being worked on. As a workaround you can restart the node.
As far as other differences I can't think of a reason. As long as you are getting any incoming connections it means the port is unblocked and there isn't much more you can do other than wait. It does take some time for the IP address to propagate around the p2p and other nodes to start using it.
Thanks for the reply smooth, I will keep on monitoring it for a bit (actually the reason why I fired up VPS number 3 for comparison). Regarding the bold part, what would an average amount of incoming connections be? There is no set answer. It depends on the number of nodes on the network and the number configured to allow incoming connections. It should be >8 as an average, but an average means some nodes will be higher and some lower. |
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Anything more than 8 outgoing connections means you have some in a "stuck" state (some of the incoming connections may be stuck as well). This is a known issue that is being worked on. As a workaround you can restart the node.
As far as other differences I can't think of a reason. As long as you are getting any incoming connections it means the port is unblocked and there isn't much more you can do other than wait. It does take some time for the IP address to propagate around the p2p and other nodes to start using it.
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Reads like an advertisement for Zcash, which isn't really surprising since I think I read Roger Ver is an investor. Yes the bias is apparent. The article clearly avoided the biggest concerns about ZCash such as trusted setup parameters and developer mining share. Lousy paid or agenda-driven "journalism" is expected in the crypto space but this is exceptionally unethical: Disclaimer: Bitcoin.com is not affiliated with any of the above-mentioned businesses and The publication Wired details that investors such as Naval Ravikant and the Digital Currency Group’s Barry Silbert have invested over $700,000 USD into the startup. Those investors include Naval Ravikant, an investor in Twitter and Uber, Barry Silbert, the founder of startup equity-trading platform SecondMarket, and Roger Ver, a staunch libertarian who’s invested in bitcoin startups Blockchain.info and Bitpay |
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We're not waiting for some massive rewrite. There are some important tweaks that are already done but not merged. It won't be long.
One thing to keep in mind is that although the changes in AEON were somewhat small in a sense, their effect is not. Combining the lighter PoW and the block time, our sync speed (using the RAM blockchain) is about 16 times faster than Monero on mainstream hardware like an i5 (with AES, 2+ cores and 2MB+ cache). So we have to be a bit more careful to ensure that the DB does not become a major bottleneck.
Also, we still have the pruning branch which reduces RAM requirements quite a bit.
Wow 16x is more than I thought although I could tell syncing Aeon was a lot faster (RAM version). Do you imagine the pruning branch will eventually become more popular than the non pruning branch or will the high sync speed of Aeon make pruning less advantageous for Aeon (on most devices) in the short run? Pruning will always be popular on small devices such as low-power always-on nodes (for example RPi), mobile, and VPS slices with limited storage. Whether it becomes popular on say desktops will depend on the level of network usage. Currently the usage is not all that high, so the difference in storage requirements is also limited. BTW, the 16x ratio will drop to 8x when Monero switches to 2 minute blocks next month. That's still a lot though. |
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I have 909 HODL on escrow for 25K sat.
Also, I changed the fee policy. Since I noticed that the escrow wallet is earning interest, I will consider that the only fee for pre-funded HODL sell orders. On BTC-funded buy orders, the fee remains at 1%. Unlike the BTC fee, the HODL interest is not returned if there is no trade (it would be too difficult for me to figure out how to divide it up).
EDIT: Also 2000 HODL on escrow for 20K sat
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There are ways around this, such as out-of-band signaling, or recipient-provided keys. There are different trade-offs, though, and I haven't yet found the "perfect" one.
I figured you could just scan the blockchain without saving it. So basically find a way to get the daemon to synchronize with the network without saving the blockchain, and get simplewallet to scan those dloaded blocks as the daemon synchronizes. Of course you can do that but (with some recognition of MKN's laws) does it really make sense to expect someone on a cell phone to receive and scan every transaction being generated by millions or billions of people? Probably not. My personal favorite for in-person transactions is that the sender signs the transaction, transmits it locally to the recipient via QR/NFC/BT/etc., and the recipient transmits it to the blockchain. In doing so the recipient now knows which transactions require confirmation and scanning. The rest can be ignored. As luigi said though, there are multiple approaches that can work for different use cases. In the original post, he didn't explicitly mention the user would be on a phone. I'm imagining a scenario where the blockchain is 600 gigs.. you surely don't need to keep all of it on your home PC. I think this has all been hashed out here: ... well, I can't find it on the forum.getmonero.org site. Basically some thread discussed different node setups - archival nodes (whole blockchain) vs. light nodes (part of the blockchain). The in-person thing is a different boat with similar problems. Of course you don't have to keep the whole blockchain. Pruning is fine, but it only addresses the storage component and doesn't help with the bandwidth and scanning (or more generally "processing") issues at all. |
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I remember the days when DASH trolls were numerous.
There were no such days. You are ignorant or a liar. Which is it? |
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There are ways around this, such as out-of-band signaling, or recipient-provided keys. There are different trade-offs, though, and I haven't yet found the "perfect" one.
I figured you could just scan the blockchain without saving it. So basically find a way to get the daemon to synchronize with the network without saving the blockchain, and get simplewallet to scan those dloaded blocks as the daemon synchronizes. Of course you can do that but (with some recognition of MKN's laws) does it really make sense to expect someone on a cell phone to receive and scan every transaction being generated by millions or billions of people? Probably not. My personal favorite for in-person transactions is that the sender signs the transaction, transmits it locally to the recipient via QR/NFC/BT/etc., and the recipient transmits it to the blockchain. In doing so the recipient now knows which transactions require confirmation and scanning. The rest can be ignored. As luigi said though, there are multiple approaches that can work for different use cases. |
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The tail emission by itself is largely sufficient to address the core of the "fee pressure/market" issue, but the adaptive blocksize is also useful to balance between increasing demand and the resource requirements of a growing blockchain. |
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Another 2K HODL listed at 17k, with escrow (fee paid by seller).
EDIT: sold
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