Dash / Darkcoin mentioned: http://www.rand.org/content/dam/rand/pubs/research_reports/RR1200/RR1231/RAND_RR1231.pdfThis stood out in my opinion: See El Defrawy and Lampkins, 2014. The alt-coin Dash (formerly Darkcoin) may be viewed as semi-centralized in some respects due to its Masternode construct, but this is mainly for anonymity purposes—the other functions of the currency are performed analogously to Bitcoin; See also Dash, undated (b). |
|
|
|
For real?? I had bookmarked that paper for a read, but after your quote i'm not sure if i should read it ... What kind of paper is this if they can't even get the name of DASH right ... Such a sloppy research on DASH that they even can't get the name right is just so amateurish ... I'll notify the author to adjust it. Agree it is a bit sloppy, but he isn't the only one who got it wrong. |
|
|
|
...
How is bitcoin doing in this metric?
Bitcoin -18.7% By the way in all of these cases I am using USD as the comparison currency. Edit: I am using Market Cap in USD from. https://coinmarketcap.com/ Click on the corresponding chart for each coin and one can verify my figures. I just computed the average value for June 2014 and it's ~7.9 million (rounding), so my initial guess was right. |
|
|
|
geezzz. what a pain dealing with Bitcoin Wallet. How is that going to be consumer friendly if you have to down load the blockchain?!? So I'm assuming you can have a BTC wallet with out having to download the blockchain? I've had a mobile wallet ...but I'm certain that doesn't download that pig of a blockchain....
You do understand that if darksend is default and if DASH takes off, the DASH blockchain will become a pig as well... There are (real) anonymous coins out there that actually scale better than DASH. But well, let's stay on topic: the only reason that the DASH blockchain is still easy to load is the fact that it in't used much. Isnt that why Dash Evolution will have a third tier API access for every day users? They wont need to download the blockchain....Masternodes will be the work horse? You could even go as far as to set a tier based system inside the Masternode network based on what CPU/RAM/Disk IOPS etc.. Probably what is intended, making some kind of SPV wallets for DASH as well. But that is not really the point here, the point was that Bitcoin Core took ages to sync because of the large blockchain, which will also happen to "Dash Core" (let's call it this for convenience for now) because DarkSend transactions are relatively large as well. If these kind of transactions get enforced on the protocol level and DASH is widely used, the blockchain will become quite massive as well. As a result, "Dash Core" will be a pain in the ass to sync as well. |
|
|
|
The historical evidence is that during a Bitcoin boom alt-coins for the most part have increased sharply in value with respect to Bitcoin. The current low price of Monero with respect to Bitcoin is the market not factoring in the development that has occurred in Monero over the last year. This is likely due the very old "official" binaries. The 0.8.8.6 version of Monero (the last official binaries) require over 9.2 GB in RAM. Seriously how many computers can handle that? Now compare that to the memory requirements of a Monero binary that is complied from the current source code.
My take is that staying "short" on Monero at this point in time is playing with fire.
There are plenty of XMR available to borrow. Hard to get caught short when the interest rates are so low you can easily afford to wait until prices fall. Still some XMR outstanding that are used for short position. I am quite confident of this because these mini-orders (< 0.0001 BTC) that appear on the trading logs / bitcoinwisdom are margin settlements. That is, the polo engine buys XMR for you (if you don't have any available) to pay your interest. |
|
|
|
You're a talker.
And a doer. But I use more precision in my doing. I can accomplish with 10,000 LOC (which is roughly what I am approaching now) what Evan couldn't with 1 million LOC. Evan can dig canals with spoons and I will wait until the backhoe is available. I haven't studied to see how many LOC of code he wrote. Didn't he start from Bitcoin code base? My code base is original (except where clearly noted in the source code). I've never even looked at the Bitcoin code. He's a doer.
Doer of what? Feature | Dash | Monero | ShadowCoin | AnonyMint's
"VaporCoin" | BitShares DPOS | | Anonymity | Spyware | Unprovable | Unprovable | No | Incomplete | | Mass-scale txns | Broken,
Unfixable | No | No | Yes | 100+ TX/sec | | Instant txns | Broken,
Unfixable | No | No | Yes | No | | Network & security model | Fixed cost
Vulnerable[1]
Proof-of-Stake | Unbounded cost
Satoshi
proof-of-work | Unbounded cost
Satoshi
proof-of-work | Unbounded cost
Perfected
proof-of-work | Fixed cost
Vulnerable[1]
Proof-of-Stake |
Correct, see the following conversation: This comparison is pretty much meaningless imo but in case you want to continue it's better to compare similar branches. For Dash corresponding Bitcoin branch is 0.10, not master.  So difference is somewhere around 2100 commits currently Thank you for the correction. That seems an impressive number, and indeed somewhat an indication of a lot of development work being done that is independent of Bitcoin. If you look back in the actual commits there were indeed many commits for clean ups, tweaks, etc., especially during the summer (around the time of the version 12 release), so the 2000 number seems to pass a quick reality check. Are you no longer merging new Bitcoin commits, or is it planned to freeze for a while and then catch up at some point? In case the corresponding Bitcoin branch is 0.10, this probably gives the best and most fair comparison:  Also: "Showing 300 changed files with 5,718 additions and 3,542 deletions." |
|
|
|
Actually by this measure Monero has done very well. If we compare peak market cap since June 2014 to current market cap.
Monero -20%
Ethereum -47%
Litecoin -49%
Dodgecoin -53%
Namecoin -68%
Dash -70%
What we a measuring here is the overall fall in alt-coin prices as the price of Bitcoin was falling from its 2013 peak.
How is bitcoin doing in this metric? According to this graph ( http://www.coindesk.com/data/bitcoin-market-capitalization/) it was somewhere between 7.25 million and 8.55 in June 2014. I'll take 7.9 as average for convenience. Bitcoins market cap is around 6.75 currently (taken ~450-460 as price). So that's down around 15%. |
|
|
|
Nice to see the technology discussed without the thread being deleted. If we want it to stay that way make sure the conversation remains about the technology and not Monero by name as best you can. Thank you for sharing the thread! +1, I've only posted some general information to inform the user, but I'll leave it with that. I immediately noticed the IACR domain! http://www.iacr.org/jofc/"The Journal of Cryptology is the official journal of the International Association for Cryptologic Research, and provides a forum for publication of original results in all areas of modern information security. It started with volume 1 in 1988, and currently consists of four issues per year. It is published by Springer. IACR members receive a subscription to the Journal of Cryptology." Right now the article is in the ePrint archive https://eprint.iacr.org/eprint-bin/search.pl?last=7&title=1https://eprint.iacr.org/Cryptology ePrint Archive "The Cryptology ePrint Archive provides rapid access to recent research in cryptology. Papers have been placed here by the authors and did not undergo any refereeing process other than verifying that the work seems to be within the scope of cryptology and meets some minimal acceptance criteria and publishing conditions." Will publication in the Journal of Cryptology be sought as well? If I recall correctly the whitepaper isn't completely finished yet, to the extent that it is still a working paper and gets edited occasionally. Also, publication into a journal is generally kind of a pain in the ass. That is, it takes a long time to get included into the Journal (if they even approve your paper). Furthermore, they will really scrutinize your paper (which is good) and comment on it for a few rounds, until it is sufficient to publish (there is also a possibilty that you get declined in the last "round"). |
|
|
|
Nice to see the technology discussed without the thread being deleted. If we want it to stay that way make sure the conversation remains about the technology and not Monero by name as best you can. Thank you for sharing the thread! +1, I've only posted some general information to inform the user, but I'll leave it with that. |
|
|
|
Why have we got two twitter accounts? We only need the official twitter account right now.
Aeon is currently a tiny sapling. The last thing a tiny sapling needs is to be pulled in all manner of conflicting directions.
There hasn't been any decision yet as to what the new logo is going to be. No-one has made any decision and rightly so. If a new logo is going to be used then it needs to be right first. We've got a long way to go before the community decides on what logo / branding style will ultimately be used.
There's no way I can get behind the new logo in its current incarnation. I respect the labour and effort involved, but it's not a professional looking logo by any means. There might be an interesting concept hidden there somewhere but we've got a long way to go yet.
Kindly use the original logo until such time as the community/executive faculties have made a firm decision on what to use.
Aeoncurrency ( https://twitter.com/aeoncurrency) is not the official account, Aeoncoin is ( https://twitter.com/AeonCoin). I am not sure why someone (perhaps a community member) started a second, similiar looking, account. Doesn't do any good in my opinion. Why not just use a nickname instead of an official looking name? |
|
|
|
The historical evidence is that during a Bitcoin boom alt-coins for the most part have increased sharply in value with respect to Bitcoin. The current low price of Monero with respect to Bitcoin is the market not factoring in the development that has occurred in Monero over the last year. This is likely due the very old "official" binaries. The 0.8.8.6 version of Monero (the last official binaries) require over 9.2 GB in RAM. Seriously how many computers can handle that? Now compare that to the memory requirements of a Monero binary that is complied from the current source code.
My take is that staying "short" on Monero at this point in time is playing with fire.
The market has had plenty of time to anticipate and price in the new version. I expect a crash, as the normal 'buy the rumor, sell the news' thing plays out.There are plenty of XMR available to borrow. Hard to get caught short when the interest rates are so low you can easily afford to wait until prices fall. I've never seen such low total bids. ~30BTC in dumps between here and 0.0001. Yikes!  Looks like we're going to retest last year's all time low of 0.00091. Get ready to ride the Monerocoaster! I would agree with you if there actually was a date set for the release. Then it would certainly be buy the rumour sell the news (just look at what happened with bitshares 2.0). However, since there is no date set (yet), I think it will not have this effect. Also, bear in mind that the current (old) binaries are barely usable for new users. Thus, newcomers currently will get stuck on the old binaries (assuming they download them and don't use the windows beta or compile themselves), whereas with 0.9 they certainly won't get stuck and will probably have a way better first experience. |
|
|
|
No, the Gridseed dual miner does SHA256 and Scrypt algorithms but Monero is using an algorithm called CryptoNight.
Correct. You can mine it with a "normal" CPU/GPU though. |
|
|
|
Depends on the timeframe, but most MACDs flipped before the little breakout. MACD is a lagging indicator I know, but that doesn't mean they can flip before a breakout. |
|
|
|
Depends on the timeframe, but most MACDs flipped before the little breakout. |
|
|
|
Another update from ShenNoether (NobleSir) regarding Confidential Transactions (CT) for Monero: edit 12/15/2015: I'm starting to play around with some c/c++ stuff that will help me implement this thing for real - I'll probably take a couple weeks off for xmas holidays though starting next week, so expect no updates dec 17-jan 4 All updates & links are in this thread: https://www.reddit.com/r/Monero/comments/3pw30d/ringct_for_monero_updated_versions/ |
|
|
|
|
Show Posts
