https://en.wikipedia.org/wiki/Monero_(cryptocurrency): History[edit]
Monero was launched on 18 April 2014[5] originally under the name BitMonero, which is a compound of Bit (as in Bitcoin) and Monero (literally meaning coin in Esperanto). Five days later the community opted for the name to be shortened just to Monero.[6][7] It was launched as the first fork of CryptoNote-based currency Bytecoin, however was released with two major differences. Firstly, the target block time was decreased from 120 to 60 seconds, and secondly, the emission speed was decelerated by 50%. In addition, the Monero developers found numerous incidents of poor quality code that was subsequently cleaned and re-constituted.[citation needed] Was reading the Monero Wikipedia website. Can anybody of the early guys / developers remember why at the time it was decided to change the block time to one minute? I think this is interesting since we are soon changing back to two minutes. Because the original launcher thankful-for-today thought it was a good idea, even when the community strongly opposed to it. |
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The 185k support zone was once again tested on high volume. I hope this was our "bearwhale / wallguy" dumping his remains.
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Ok thanks for that info, we are not far off. Will there be any updates that need to be installed on the users end? There will be a point release soon with some important bug fixes (mentioned in the dev-meeting and a few days back on IRC as well). Furthermore, you should be running any 0.9.x version (preferably 0.9.2 when it's out). |
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I'd like to move my moneros some online wallet and get it right back when i'm done reinstalling my system and install monero wallet. thats what i'm looking for now but which monero web wallet do you guys trust the most? i only have few though but i don't wanna lose them.  Use MyMonero -> https://MyMonero.com, run by fluffypony, who is one of the core-team members of Monero. |
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Is this project still alive?
Yes, but the code of OpenBazaar v2.0 is completely different from v1.0 and changed continuously before release. So I'll releaze FreeBazaar (XMR-Version) after official release of OB. Now that Openbazaar is released on testnet, could you take another look at the code? https://blog.openbazaar.org/openbazaar-released-on-the-testnet/ |
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Who's the whale that's selling & how much?
Some guy that is playing around with ask walls, yesterday he had one sitting at 200k which got bought. Currently, there is one at 195k. Someone seems to be desperate to keep the price low. But why? To get more cheaper? Its very risky. What if someone buys this wall now? His plan will vanish, imo. I am not sure, this wall is getting bought as well, from ~36k to ~27k already. |
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Who's the whale that's selling & how much?
Some guy that is playing around with ask walls, yesterday he had one sitting at 200k which got bought. Currently, there is one at 195k. |
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Wow, this is a big deal! Thanks for working on this! You should thank NoodleDoodle :-) |
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I think the majority of btc community get the point once Monero's marketcap is somewhere Etherium is now or even higher.
Some heavy dumping taking place.
ETH mooning might be the reason. |
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Here he is, being interviewed there on Bitcoin Uncensored (still live, so go back to about 6 minutes in from the beginning): https://youtu.be/PKd7F-10lxMFluffypony mentioned that in March they are planning to change block time from one minute to two minutes. Will block reward change as well? Yes, block reward will be adjusted accordingly. For example, the block reward is currently ~7 XMR per block, with 2 minute blocks it will be ~14 XMR per block. In other words, the reward per minute will stay the same. |
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Thanks =) As a trader full time I was attracted by the obviously good technicals, so perhaps it's good I didn't become enamored too soon by the fundamentals.  As a trader you might be interested in our speculation thread as well: https://bitcointalk.org/index.php?topic=753252.0 |
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correct me if i am wrong is it possible to see the balance of any monero address on the online explorer  No, take this address as example and try to plug it in on moneroblocks.info 46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8aHYjA3jk3o1Bv16em FWIW: It's the donation address of the core-team. EDIT: Picture that might interested the readers:  |
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While Monero has three pillars, ZCash has three foibles:
- The existence of Genesis key shards can never guarantee you can trust the Blockchain implicitly.
- Opaque Blockchain means you can never be sure someone hasn't exploited a flaw and counterfeited tokens. If such a flaw were discovered and patched, you would still never be able trust the Blockchain again.
- Lack of a view key means there is no way to prove you control an address or offer optional auditability without granting control of your funds to another entity.
I'll add that there is no plausible deniability about the status of mined coins: Mining happens publicly. When you want to spend your mined coins anonymously, it will be visible that you anonymized them. This is for example a hugh problem for the ZCash fund that will receive the 20% tax from the mining rewards during the first 4 years. This will lead to 10% of the total supply (2.1M Zcash) publicly visible. Market could respond negatively when these coins are touched (this is in fact the satoshi coin problem) We could rephrase the critical question as " Can miners spend there coins without anyone knowing?". Zcash doesn't pass this test any more than Bitcoin. true, although the satoshi coin problem is a bit more general: imagine some large BTC wallets (not freshly mined coins). When someone wants to spend those, he needs ring signatures to conceal it. So it's not only about mined coin, but in case of ZCash, it will probably be the main problem although, I heard reports about anonymizing zcash takes 2 minutes, so I guess exchanges will only send transparent transactions when customers withdraw their zcash. If it plays out like that, this will lead to the same problem as described above... compare this with Monero, where with the next hard fork, every transaction will have a minimum ring size of 2, so you always have plausible deniability when you send your coins. Since Zerocash will allow both transparent and private transactions, I am curious which one will be used more. |
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Genuine question, how do you envision companies using Zcash without having such a thing as a viewkey?
1. Generate unique address for customer 2. Accept deposit on this address 3. Reciprocate Such a thing won't work in the following example: A better example would be Company A that has to hand over all their transactions (expenditures, income/revenue, and perhaps balances of certain accounts) to an auditing firm (or the IRS) for a certain fiscal year. |
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