Your figures are wrong
1) Does AEON really exist for 38 days? The blockchain shouldn't be even close to 1GB then. AEON was launched 1.5 years ago, AFAIK. Did they relaunch the blockchain?
There was no relaunch. The figures probably were right at the time (you may not have noticed this thread is very old), but that shows the irrelevance of the issue. The original open source pool code was extraordinarily inefficient in making tiny payouts to every single miner (could be hundreds or even thousands) for every single block. That caused enormous bloating of the chain. Once that got fixed a few months after AEON launch the chain bloat largely disappeared. So while there might have been 1 GB in the first month, after 1.5 years it is only 3.4 GB (smaller with pruning). As you say, the size is very manageable. I recently downloaded Fallout 4 at >20 GB for one video game. |
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Happy holidays CLAM stakers!
Our rate of staking has dropped a bit as the staking supply on the network has increased, to once every 3-4 hours on average, but still staking several times per day.
I m interested in staking ...Let me know the requirements. PM me and I will send you a deposit address. There is currently no minimum amount. There is currently no fee (tips or donations are welcome). Please note the rule in the OP about no excessively frequent deposits and withdraws. K K but what do you consider as frequent ,are you good with 4 withdraws per week ? Edit: though i wont withdraw that early but want to know the idea of frequent If you plan to leave the coins in for a few weeks that is fine. To give an idea the pool has been around for a month and there have been a total of 4 withdraws for all members. That seems about right to me. 4 withdraws per week would definitely be too much. Stakes will be immediately reinvested, so you don't need to withdraw them. |
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Happy holidays CLAM stakers!
Our rate of staking has dropped a bit as the staking supply on the network has increased, to once every 3-4 hours on average, but still staking several times per day.
I m interested in staking ...Let me know the requirements. PM me and I will send you a deposit address. There is currently no minimum amount. There is currently no fee (tips or donations are welcome). Please note the rule in the OP about no excessively frequent deposits and withdraws. |
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Happy holidays CLAM stakers!
Our rate of staking has dropped a bit as the staking supply on the network has increased, to once every 3-4 hours on average, but still staking several times per day.
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MoneroHouse Foundation year-end fundraising drive
Please consider making a year-end donation of moneritos or other assets to 'MoneroHouse'.
Assets of that character are managed on behalf of the core team to support development of Monero.
We have provided partial sponsorship to MoneroMooo for his ongoing part time crowdfunded development and will be making some year-end honorarium grants in appreciation for valuable contributions during 2015, as well as continuing to fund development in 2016.
Special thanks to 'pa' whose character bequest provided most of the funding for the current MoneroHouse Foundation. All other donations will be very much appreciated and acknowledged.
EDIT:
Donations received:
saddam: 1000 CKG
cryptonic: 210 mil
Karl Hungus:20*OZ1600J (200 CKG)
HM The King 1000 CKG
Thanks to Crichton for helping by providing liquidity on a 1000 CKG bar
Thanks to saddam for waiving the customary withdraw fee
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Monero testnet can be used experiments. Why so many Monero users spend time on Aeon now?
ADHD |
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Happy Xmas dear core devs and all the members of Monero community! Let us to summarize what is done in departuring 2015 from the following wishes: Monero Monday Missives
January 5th, 2015
-- SKIPPED --
Looking Forward: 2015
We have a lot in the pipeline for 2015. A few things that we'd like to highlight that you can look forward to:
more MRL academic goodness, including some of the work started at our MRL mini-meetup from 2014
a finalised, working, tested blockchain DB implementation using LMDB
i2p integration
some additional blockchain DB implementations
finalisation and release of the Monero core GUI
the release of smart mining functionality
the finalisation of a complete overhaul of the RPC functionality
HTTPS and simple auth support for RPC servers
a new, unified, well-documented RPC interface
blocknotify and walletnotify equivalents in the daemon and wallet client
a complete replacement of the wallet/server IPC with 0MQ
multi-signature transactions
open-sourcing the Monero Forum software
the release of some OpenAlias sub-projects
And, undoubtedly, much more both for Monero core and related external projects.
from here: https://forum.getmonero.org/1/news-announcements-and-editorials/134/monday-monero-missives-22-year-in-review-january-5th-2015Today is December 21, 2015. Could we compare our way, passed and to be passed, with roadmap declared by core devs on January 5th, 2015? I call moderators don't feed trolls and to remove spam from the thread. I apologize if my original post has triggered their stupid attack. Returning to the my initial question, can devs say, what is simply done from the wishes they had positioned on January 5th, 2015? And what is the future roadmap? There will be some notes on features and changes when the new version is released. Some items on the list are in the new release, some are implemented on the development branch (planned for a future release), and some unfortunately didn't get completely this year at all and will remain open tasks for next year. Some of the improvements in the new release aren't on the list, but were based on needs that became apparent during the year. There may also be some changes to future priorities, since it is a year later after all. |
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Anyone with an ounce of scam detector should be going off on full tilt with this answer.
Ah, the irony. What it means is since it is an open source project, get your money out and do it yourself. If we are screwing you, you will never know. The only way is to pay someone to audit the code, because the developers won't pay to show that they are lying dirty thieves. What it means is that since it is an open source project, it isn't a product you bought nor something someone is trying to sell you and no one owes you anything. Do your own homework. If you like what you see then you are welcome to contribute. If not, that's your choice. Really? That is your answer? Yes |
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Anyone with an ounce of scam detector should be going off on full tilt with this answer.
Ah, the irony. What it means is since it is an open source project, get your money out and do it yourself. If we are screwing you, you will never know. The only way is to pay someone to audit the code, because the developers won't pay to show that they are lying dirty thieves. What it means is that since it is an open source project, it isn't a product you bought nor something someone is trying to sell you and no one owes you anything. Do your own homework. If you like what you see then you are welcome to contribute. If not, that's your choice. |
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Seems the National Front is an organization that may be fascist or communist. Icebreaker has it as a pic for his profile, it says National Front. So is he the only National Front supporter? If it is an actual "organization" then presumably it has more than one supporter. I don't follow it. Please try to stay on topic. So the miner that was publicly released was not crippled? Some claim it was, or maybe it was just carelessly written. i wasn't there, so I don't know. How many coins do the developers hold? I have no idea. I am looking and will find the actual post on bitcointalk.org, where a monero dev was irc chatting that this was true. That there were back doors and he thought it was funny no one caught them.
Okay. To ensure that there are no back doors, all that needs to be done is have is a respected security and development expert give code a security audit. When do you plan on getting this completed? I mean if there are no back doors all you have to do is have it audited, right?
This being a community-based open source project, the appropriate action to take if you think something should be done is to do it yourself or pay someone to do it. Please let us know what progress you make. And that happened due to you and your sock puppet account.
I have never had a sock puppet account. |
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XMR is a scamcoin because dev has the premine.
There are no instantmines or premines in Monero You have been fooled many investors. For example the clam investors. You told them to sell low to buy back cheap and pump. That is not ok. I never told anyone to sell CLAM. I once made a comment about it being undervalued (something I rarely do but after analyzing the situation I felt the evidence was compelling). It doubled in price the next day, so anyone who believed my comment did extremely well (better than I expected when I made the comment), but please try to stay on topic. This is the Monero thread. |
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XMR is a scamcoin because dev has the premine.
There are no instantmines or premines in Monero |
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I have some questions about the secret backdoors in the code for monero, and the developers were laughing that people are stupid and won't ever know about it? None to my knowledge. Is that a feature of monero? Undocumented? See above What about the instamine? There are no instantmines or premines in Monero How about the fact that "National Front" is a communist leaning organization? Are you afraid people will find out? I don't follow this National Front thing. You are in some deep doo doo. I'd sell right now if I were you.
Thank you for your opinion. |
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First part no (AFAIK), second part yes (slowly tends towards infinity if you wait long enough, at least theoretically).
Well, then someone has some explaining to do since in the first post it states 18.4 million coins. So which is it? From original post: •Max supply: ~18.4 million [2] •Block reward: Smoothly varying [3] •Block time: 60 seconds •Difficulty: Retargets at every block [1] CPU + GPU mining (about 1:1 performance for now). Memory-bound by design using AES encryption and several SHA-3 candidates. [2] Actual number of atomic units is M = 264 - 1. A minimum subsidy may be implemented in the future with <1% annual inflation to preserve mining incentives.See bold. About that "may be implemented" - i still find that very vague and strange and not good from an investor view. You are right, it should be clarified in the OP (by adding a clarification, but leaving the original there for reference). I lost the password or I would do it myself. If i remember right one of your arguments against DASH was the change of the supply, and on the other hand there is still that vague statement about perhaps cutting the supply of XMR in the future.
That statement was left over from the very beginning, before the minimum block subsidy was implemented last year, but you are right it should be clarified. I'm not sure how you interpret it as cutting, but you are right it is not as clear as it should be. |
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First part no (AFAIK), second part yes (slowly tends towards infinity if you wait long enough, at least theoretically).
Well, then someone has some explaining to do since in the first post it states 18.4 million coins. So which is it? From original post: •Max supply: ~18.4 million [2] •Block reward: Smoothly varying [3] •Block time: 60 seconds •Difficulty: Retargets at every block [1] CPU + GPU mining (about 1:1 performance for now). Memory-bound by design using AES encryption and several SHA-3 candidates. [2] Actual number of atomic units is M = 264 - 1. A minimum subsidy may be implemented in the future with <1% annual inflation to preserve mining incentives.See bold. |
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Smooth QC (Brewery) report, dividend
We have repeated last week's dividend with 15762 per share paid out. Conditions in the BEER market remain largely unchanged. |
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Monero is testing LMDB
Boolberry is testing LevelDB
What will Aeon use?
Probably LMDB. I had concerns about LMDB not supporting 32 bit but that seems to be getting resolved. There are some things to like about LevelDB though, and the Bitcoin developers are happy with it. My main criticism is that I've heard it isn't maintained any more, but there are LevelDB forks that are maintained. |
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My point is that because of the broadness of the FinCEN mandate if a virtual currency meets the very narrow FinCEN requirement of de-centralized virtual currency then it also fails the Howey test but not the other way around. I fail to see how a crypto - currency can be both a de-centralized virtual currency under the FinCEN requirements and at the same time pass the Howey test making the currency itself a security.
So your point is that because FinCEN has defined how a decentralized crypto currency can be "money", then "money" can't also be an investment security. This is failure of logic because FinCEN's guidance is not exclusionary. Saying that decentralized crypto currency has an attribute which is that it shall be considered "money" from the perspective of FinCEN's jurisdiction and mandate over money transfers, is not saying that decentralized currency is only "money" in every other case of jurisdiction and mandate. If you can find any where that FinCEN wrote that decentralized currency is ONLY money and nothing else, then please do. There is a big difference between qualifying as a money equivalent for the purposes of FinCEN's jurisdiction and being declared to be ONLY money in every possible case. Otherwise this exhibits that you don't understand well legalese. The Howey test will look at the economic facts and no obfuscations will color the inspection of the facts. Edit: Also even that which is money to users in the FinCEN guidance doesn't preclude those tokens having investment attributes to issuers and speculators. FinCEN even makes a distinction between different types of entities involved with crypto currency, such as miners, issuers, etc.. I don't think that was his argument. It was that FinCEN's exemptions for decentralized virtual currencies are so narrow that it probably satisfies the SEC as well. Maybe true, maybe not. Certainly the SEC is not bound by FinCEN, however the issues have significant overlap. Also, on the pre-mine issue, he quoted from FinCEN which says that if you "create" or "issue" units, you are an "administrator". Hard to make the case that anyone who premines or ICOs is not an "administrator" under this rule. |
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No government is going to be happy about people voluntarily switching to independent currencies, whether they are pseudonymous or anonymous. Bitcoin/Monero aren't illegal because they are basically seen as a sideshows. Insignificant. Non-threatening. Does Fontas think that bitcoin (but not Monero) would be tolerated if 10% of people adopted cryptocurrencies? Get real.
Tolerated? What if there's nothing they can do? And they simply have to buy in, like everyone else. Nope. Any Gov interested in taking over will just deploy their allready existing mining equipement for a 51% takeover. Guildhall/town-hall IT, administration department's workplace desktops, cloud collocations, military facilities. Probably combined with some legal/military attack on some other mining pools, to cut of the "offending hashrate". Easy. Just compare the numbers, some hundred crypto enthusiasts vs. the remaining population. Having to buy in using your tax money? Most probably not. There are 150+ national governments in the world. Very few can realistically consider taking over anything. |
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