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1261  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: June 02, 2016, 03:36:50 PM
This reddit reply from u/ferretinjapan deserves a crosspost, hence:

Quote
To be fair, I can be "hostile" at times, but that is only when I'm clearly being provoked by trolls or others that are being disingenuous and throw the first stone. I personally go out of my way to assume good faith and remain civil, but once I can gauge a users intention is to be a prick I'll reverse troll them like a champ Smiley. Unfortunately Bitcoin and other cryptocurrencies attract a massive amount of trolls and know-it-alls so being "hostile" is sometimes the only way to restore civility (ironically) because if I let them walk all over me, they'll be emboldened to continue doing the same thing to others.

I don't consider myself a "maximalist", I'm simply naturally sceptical. Nearly all other blockchains really didn't do anything that Bitcoin couldn't, or the features they espoused weren't really useful for end users. Projects can also become corrupted by it's user base and diversity of development is critical if a project is to survive. So when I see a group ruling a blockchain project with an iron fist, I become sceptical of it's success as it's clear that users' best interests are not a priority. So I could hardly be called a maximalist when I turn on Bitcoin after 5+ years as a result of the censorship and hamstringing of development. I want the blockchain that serves users' needs best to be the one to succeed.

Aside from Bitcoin's technology, I was also attracted to Bitcoin in the early days because it's goal was to keep the issuance and handling of money honest, so to speak. It can't be corrupted or misused by a select group or entity and that is very important to me. I'm a staunch supporter of honesty and integrity, whether that be keeping governments honest, banks, organisations honest, etc. . Unfortunately, Bitcoin has become mired in politics, and we can all see that since miners have ignored users, and now answer to Blockstream Core, they are corrupting the very foundation of Bitcoin by yet again allowing a group/organisation/company make all the calls.

So, to answer /u/beerbellyfatass more specifically, I've seen a LOT of alt coins pop up over the years. I got into Bitcoin in 2010 so, I've witnessed every single alt pop into existence from the beginning, and I've shitcanned 99% of them as the vast majority were scams to try and loosen Bitcoins from naive users in the early days. I can't even begin to tell you how dumb some early users were, they'd pretty much throw their coins at anything and scammers arrived in droves to try and capitalise on early users' idiocy. Thus my standard for what constitutes a sensible altcoin is understandably very high. It takes a lot for a coin to get past my BS filter, but here is a list of things I find myself looking for when taking another Blockchain project seriously.

  • Fair issuance: No IPO, fundraising BS, no premine, the announcement and mining/node software for the network should have been released and open source well in advance.
  • Features that answers genuine use cases that users have, and that other coins struggle to satisfy. It MUST be useful to end users in some way, and that use should be obvious. "Turing complete", smart contracts, etc. is NOT a use case.
  • Based on solid CS and cryptographic principals. The underlying security should not be based on brand new research, or dubious mechanisms. It is meant to support an economy, so trusting the security to untested, poorly understood, or brand new algorithms or complex mechanisms is a big red flag as tiny bugs could bring everything down, as they say, the devil is in the details (even when I first discovered Bitcoin, I was very sceptical as bugs could undermine even sound theory). For obvious reasons, Zerocoin fails this sniff test. So does any project that uses POS.
  • The mining/wallet/node software must be open source, no exceptions.
  • It should not be founded, or organised by a for profit group (think Ripple). If it's for profit, you can almost be guaranteed that governments can shut it down, or have backdoors to control the system. And besides that, for profit coins don't exist to benefit users, they exist to benefit the company/organisation, and can be very easily corrupted.

As you can see, Ethereum sits on the fence of most of these criteria, but Monero clearly passes, thus where my "bias" lies. I like Monero a hell of a lot more than Ethereum, but I can't quite throw Ethereum in with all the other scam/shit coins out there. Ethereum has too many red flags but unfortunately users, as usual, have little idea what/why they are getting into Ethereum and simply flock to it because "turing complete" and think nothing of the underlying code or design, or what use cases it's trying to satisfy for end users. Ethereum as a result looks far more like a pump and dump than a serious contender. Monero OTOH has obviously been carefully designed to address certain needs everyday users have, and many long term problems considered and addressed before getting started. They never had an IPO, all coins were issued via mining, was open source from the outset, based on solid algorithms, and done by volunteers.
/essay

Source: https://www.reddit.com/r/Monero/comments/4m4qv2/help_me_understand_monero_and_the_community_im/d3sw4mz?context=3
1262  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 02, 2016, 03:36:36 PM
This reddit reply from u/ferretinjapan deserves a crosspost, hence:

Quote
To be fair, I can be "hostile" at times, but that is only when I'm clearly being provoked by trolls or others that are being disingenuous and throw the first stone. I personally go out of my way to assume good faith and remain civil, but once I can gauge a users intention is to be a prick I'll reverse troll them like a champ Smiley. Unfortunately Bitcoin and other cryptocurrencies attract a massive amount of trolls and know-it-alls so being "hostile" is sometimes the only way to restore civility (ironically) because if I let them walk all over me, they'll be emboldened to continue doing the same thing to others.

I don't consider myself a "maximalist", I'm simply naturally sceptical. Nearly all other blockchains really didn't do anything that Bitcoin couldn't, or the features they espoused weren't really useful for end users. Projects can also become corrupted by it's user base and diversity of development is critical if a project is to survive. So when I see a group ruling a blockchain project with an iron fist, I become sceptical of it's success as it's clear that users' best interests are not a priority. So I could hardly be called a maximalist when I turn on Bitcoin after 5+ years as a result of the censorship and hamstringing of development. I want the blockchain that serves users' needs best to be the one to succeed.

Aside from Bitcoin's technology, I was also attracted to Bitcoin in the early days because it's goal was to keep the issuance and handling of money honest, so to speak. It can't be corrupted or misused by a select group or entity and that is very important to me. I'm a staunch supporter of honesty and integrity, whether that be keeping governments honest, banks, organisations honest, etc. . Unfortunately, Bitcoin has become mired in politics, and we can all see that since miners have ignored users, and now answer to Blockstream Core, they are corrupting the very foundation of Bitcoin by yet again allowing a group/organisation/company make all the calls.

So, to answer /u/beerbellyfatass more specifically, I've seen a LOT of alt coins pop up over the years. I got into Bitcoin in 2010 so, I've witnessed every single alt pop into existence from the beginning, and I've shitcanned 99% of them as the vast majority were scams to try and loosen Bitcoins from naive users in the early days. I can't even begin to tell you how dumb some early users were, they'd pretty much throw their coins at anything and scammers arrived in droves to try and capitalise on early users' idiocy. Thus my standard for what constitutes a sensible altcoin is understandably very high. It takes a lot for a coin to get past my BS filter, but here is a list of things I find myself looking for when taking another Blockchain project seriously.

  • Fair issuance: No IPO, fundraising BS, no premine, the announcement and mining/node software for the network should have been released and open source well in advance.
  • Features that answers genuine use cases that users have, and that other coins struggle to satisfy. It MUST be useful to end users in some way, and that use should be obvious. "Turing complete", smart contracts, etc. is NOT a use case.
  • Based on solid CS and cryptographic principals. The underlying security should not be based on brand new research, or dubious mechanisms. It is meant to support an economy, so trusting the security to untested, poorly understood, or brand new algorithms or complex mechanisms is a big red flag as tiny bugs could bring everything down, as they say, the devil is in the details (even when I first discovered Bitcoin, I was very sceptical as bugs could undermine even sound theory). For obvious reasons, Zerocoin fails this sniff test. So does any project that uses POS.
  • The mining/wallet/node software must be open source, no exceptions.
  • It should not be founded, or organised by a for profit group (think Ripple). If it's for profit, you can almost be guaranteed that governments can shut it down, or have backdoors to control the system. And besides that, for profit coins don't exist to benefit users, they exist to benefit the company/organisation, and can be very easily corrupted.

As you can see, Ethereum sits on the fence of most of these criteria, but Monero clearly passes, thus where my "bias" lies. I like Monero a hell of a lot more than Ethereum, but I can't quite throw Ethereum in with all the other scam/shit coins out there. Ethereum has too many red flags but unfortunately users, as usual, have little idea what/why they are getting into Ethereum and simply flock to it because "turing complete" and think nothing of the underlying code or design, or what use cases it's trying to satisfy for end users. Ethereum as a result looks far more like a pump and dump than a serious contender. Monero OTOH has obviously been carefully designed to address certain needs everyday users have, and many long term problems considered and addressed before getting started. They never had an IPO, all coins were issued via mining, was open source from the outset, based on solid algorithms, and done by volunteers.
/essay

Source: https://www.reddit.com/r/Monero/comments/4m4qv2/help_me_understand_monero_and_the_community_im/d3sw4mz?context=3
1263  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 01, 2016, 08:53:38 AM
GUI progress ?

The GUI progress is out in the open for anyone to keep tabs on here. The dev is making regular progress.

https://github.com/mbg033?tab=activity


would be cool to have him here, i can't judge if this is more like 5% or 90%. not that i would have a problem with 5. But seeng work done  you can't judge in terms of progress is more annoying than seeing nothing actually

The project can be cloned from here: https://github.com/mbg033/monero-core
(although the wallet library that communicates with the GUI is on his fork of the main bitmonero repository and I assume it will need to be compiled from there as well)

I'm not familiar with Qt enough to tell you how to compile it (if you even want to do that), but that's one way to find out.

I will try to compile it myself tomorrow and see how much is done, I'm running into some stupid Xcode problems.

The original estimate of the timeline placed the end of development around September, so I would assume it could be ready then. Personally I'm not into unnecessary updates on the progress, just let the dev work.

Instructions from Arux here:

Is Monero core in a compileable state yet? Can one build it and test it out?

compilable but not usable.

if your system is compiling fine bitmonerod, monero-core should be compiling too.

1) grab and prepare the source:
Code:
git clone https://github.com/mbg033/monero-core.git
cd monero-core
./get_libwallet_api.sh

2) compile the qt part:
Code:
sudo apt-get install qtbase5-dev qt5-default qtdeclarative5-dev qml-module-qtquick-controls qml-module-qtquick-xmllistmodel
qmake
make

3) launch
Code:
release/monero-core


It used to be usable a few weeks ago (someone else compiled it on IRC), but I think this "issue" broke it for now:

https://github.com/mbg033/bitmonero/issues/1
1264  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: June 01, 2016, 08:49:51 AM
The I2P Stack Exchange has moved into the commitment phase!

https://area51.stackexchange.com/proposals/99297/i2p
1265  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 01, 2016, 08:49:39 AM
The I2P Stack Exchange has moved into the commitment phase!

https://area51.stackexchange.com/proposals/99297/i2p
1266  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: May 31, 2016, 06:55:58 PM
FYI: Riccardo "Fluffypony" Spagni will speak at Bitcoin Wednesday tomorrow

http://www.meetup.com/BitcoinWednesday/events/224454233/
1267  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 31, 2016, 06:55:39 PM
FYI: Riccardo "Fluffypony" Spagni will speak at Bitcoin Wednesday tomorrow

http://www.meetup.com/BitcoinWednesday/events/224454233/
1268  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: May 30, 2016, 09:13:13 PM
"Bitcoin in Use: Zu Besuch in der Bitcoin-Stadt Arnheim" - Monero Mentioned

http://www.btc-echo.de/bitcoin-in-use-zu-besuch-in-arnheim/
1269  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 30, 2016, 09:13:04 PM
"Bitcoin in Use: Zu Besuch in der Bitcoin-Stadt Arnheim" - Monero Mentioned

http://www.btc-echo.de/bitcoin-in-use-zu-besuch-in-arnheim/
1270  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: May 29, 2016, 10:43:12 PM
MAAM #18 Monero Ask Anything Monday

https://www.reddit.com/r/Monero/comments/4lmn1y/maam_18_monero_ask_anything_monday/
1271  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 29, 2016, 10:43:02 PM
MAAM #18 Monero Ask Anything Monday

https://www.reddit.com/r/Monero/comments/4lmn1y/maam_18_monero_ask_anything_monday/
1272  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: May 29, 2016, 08:05:47 PM
When is the Evoloution release date approximately?  
And we have record hash rate.


Dates here:

https://github.com/evan82/dash-roadmap/blob/master/README.md

There no date/ETA on "13.0 - Evo v1 - Proof-Of-Work 2.0" though, but looking at the other dates I guess somewhere in 2019 is targeted.

LOL, No troll, Evo-Alpha is probably about a year and a half out.

Alpha software is usually meant for testing purposes only, see:

https://en.wikipedia.org/wiki/Software_release_life_cycle#Alpha

I can't comprehend why are you trying to get in a discussion with me about an official roadmap published by the official coreteam of DASH. Though I am going to note here that Eduffield said this was a very conservative timeline.
1273  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: May 29, 2016, 07:39:30 PM
To do list / suggestions for MiniNero apps:

https://trello.com/minineroappsdevelopment

https://www.reddit.com/r/Monero/comments/4lkswt/to_do_list_suggestions_for_mininero_apps/
1274  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 29, 2016, 07:39:18 PM
To do list / suggestions for MiniNero apps:

https://trello.com/minineroappsdevelopment

https://www.reddit.com/r/Monero/comments/4lkswt/to_do_list_suggestions_for_mininero_apps/
1275  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 29, 2016, 05:22:38 PM
Reality is "I believe" the so called Monero developers intentionally postponed releasing a GUI wallet because if they release it to the public then what's next?!

Maybe RingCT or other high level cryptography? Or maybe some of this other stuff.

Why don't you give that RingCT paper I just linked for you a read in your spare time? There is going to be a quiz.

Quote
they are not high level Cyrpto coders in Monero team.

Kindly, and in your own words, summarize the important sections of the above paper and point out some logical extensions and directions for further research in order to verify your qualifications to make that assessment.

Quote
gambling websites

What is your obsession with gambling websites? I'm actually quite curious about this because you and the other anti-Monero socks bring it up a lot, Is it a biblical thing for you or what?

Well, I guess this just doesn't qualify as development for some people:

1276  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: May 29, 2016, 05:03:34 PM
When is the Evoloution release date approximately?  
And we have record hash rate.


Dates here:

https://github.com/evan82/dash-roadmap/blob/master/README.md

There no date/ETA on "13.0 - Evo v1 - Proof-Of-Work 2.0" though, but looking at the other dates I guess somewhere in 2019 is targeted.
1277  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: May 29, 2016, 01:32:03 PM
Crosspost:

Onion Monero Blockchain Explorer

The key features of the Onion Monero Blockchain Explorer are

 - available as a hidden service,
 - no javascript, no web analytics trackers, no images,
 - open sourced,
 - made fully in C++,
 - the only explorer showing encrypted payments ID,
 - the only explorer with the ability to search by encrypted payments ID, tx public keys, outputs public keys, input key images, output amount index and its amount,
- the only explorer showing ring signatures,
- the only explorer that can show which outputs belong to the given Monero address and viewkey,
- the only explorer showing detailed information about mixins, such as, mixins' age, timescale, mixin of mixins,
- the only explorer showing number of amount output indices.

https://github.com/moneroexamples/onion-monero-blockchain-explorer

Tor users:

 - http://xmrblocksvckbwvx.onion

Non tor users, can try tor proxy, e.g.,

- http://xmrblocksvckbwvx.onion.to

Comments welcome here or on reddit:
https://www.reddit.com/r/Monero/comments/4ld0j3/did_you_know_that_monero_has_a_onion_blockchain/
1278  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 27, 2016, 11:37:43 PM
Except that the market isn't there for it, so third parties aren't doing it effectively, yet. Since that is the case, we have to focus efforts on getting one easy-to-use, easy to obtain and install, and well-maintained GUI out there.

I'd say the same thing about exchanges or anything else if no one were providing the service (in fact I sort of did that with the OTC trading thread in the very early days of Monero).

With greater adoption and scale (including liquidity and market cap), more third parties will be able to effectively provide these products, and they will likely do it better because they will be able to specialize on different feature tradeoffs and particular market segments (including grandmas), but until then we have to fill the gap with something reasonably suitable for a generic "user" if we want to get anywhere.

But such a solution already exists. MyMonero is already much simpler than downloading the core software and running a node, even with a bundled GUI. Why would grandma (or any "generic user") need the core GUI over MyMonero? Who does it really serve?

Security.

Do you think anyone that needs a simple to use wallet is practicing OSPEC? Or do you mean the appearance of security?

Well, a webwallet (without 2FA) obviously poses more attack factors than a local wallet. Therefore, a local wallet to the extent of a GUI is not only more secure, but also generally perceived as more secure. Frankly, no one will really know what the impact will be, besides that it clearly gives the less-technical a (for them) more comfortable option to store their Monero. Furthermore, there simply is a learning curve to using the CLI, which a lot of people don't want to take on.
1279  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: May 27, 2016, 10:33:41 PM
I think it will be wise to switch the POW to multialgo. The blockchain is under attack from ppl with alot of funding.

Under attack how precisely? Genuine question, since I read somewhere (cannot exactly recall where added source) that DASH miners are actively censoring DarkSend transactions and thereby slowing them down significantly. Your notion could be related.

EDIT: Adding source:

https://www.dash.org/forum/threads/coinbase.8998/#post-94696
1280  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 27, 2016, 10:31:09 PM
Except that the market isn't there for it, so third parties aren't doing it effectively, yet. Since that is the case, we have to focus efforts on getting one easy-to-use, easy to obtain and install, and well-maintained GUI out there.

I'd say the same thing about exchanges or anything else if no one were providing the service (in fact I sort of did that with the OTC trading thread in the very early days of Monero).

With greater adoption and scale (including liquidity and market cap), more third parties will be able to effectively provide these products, and they will likely do it better because they will be able to specialize on different feature tradeoffs and particular market segments (including grandmas), but until then we have to fill the gap with something reasonably suitable for a generic "user" if we want to get anywhere.

But such a solution already exists. MyMonero is already much simpler than downloading the core software and running a node, even with a bundled GUI. Why would grandma (or any "generic user") need the core GUI over MyMonero? Who does it really serve?

Security.
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