If you consider the total supply market cap, it's long crossed already! But I agree the prices crossing will probably have a strong psychological effect.
0.00394 vs 0.00425 right now on poloniex...
Of the 4.6 million DRK, 800k+ coins locked up in its 'masternodes' (805 masternodes, each costs 1000 DRK to resist sybil attacks). This is partially why its price rose high (induced supply lowering and incentive to buy in bulk). Of course, this is a double-edged sword. When/if those guys lose faith, the DRK market gets flooded. Supply tricks are for shitcoins -- there's no substitute for organic growth -- but people never learn. Why is Monero not traded elsewhere in real depth?
Liquidity begets liquidity. I agree, it's bad.
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Is it normal to see such kind of errors? ...
Normal for the time being, yes. These are transactions floating around in the network that miners reject because the old client's fee is too low. It's the recent stopgap patch at work.
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I sincerely hope you don't quit your day job to become a detective. It's just not your thing.
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simple problem more mixing more fee 0 mixing 0.005 10 mixing 0.05 100 mixing 0.5
It should be fee-per-kb since the amount of data is more fundamental and adaptive than what the data is. Dust attack have been used on the blockchains of Bitcoin, Litecoin, Dogecoin and many others in the past. It's easy to put a stop to with a fee that's fine for a normal user but quickly adds up for a malicious attacker. Monero's is currently unusually low -- I don't think going even an order of magnitude higher would have much effect on regular users.
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No, that's a separate effort. The 'official' one is still a work-in-progress and isn't up on github yet.
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I do not see why PoS is so flawed... I think PoW is much worse... but no hope is lost as all the currencies can switch from PoW to PoS....
A short read: Distributed Consensus from Proof of Stake is Impossible https://download.wpsoftware.net/bitcoin/pos.pdfIt works. Until it doesn't.
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Bytecoin soon to have multi sig — Multi-signatures
https://forum.cryptonote.org/viewtopic.php?f=12&t=257#p857This version won't be untraceable (i.e. ring signatures with non-zero mixin) but it's still unlinkable (one-time addresses). However, they noted "the data structures were designed in such a way as to allow for untraceability via ringsigs in the future."
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Yes, hashrate needs to spread out more. Just because Bitcoin sets a very low standard doesn't mean we need to follow in its footsteps. (And if you are switching, consider going to one of the pools donating a lot to the dev team like CryptoNotePoolUK).
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I was hoping that mixin 0 would be disabled at the protocol level at some point, it has shown to be open to abuse.
Yes, that's the plan.
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BTW, is there a list of languages needed for localization? I might be able to help with a couple.
Once the text is organized using Qt Linguist, there's little additional work to add a language beyond obtaining the translation itself. So I think we'll add any realistically useful language that someone can provide support for.
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Eizh,
Nice work, looks awesome.
Is there a list of planned features available yet for this GUI?
I recommend watching the first 17 mins of the chat. This is not a mock-up - it's a live run of the code inside Qt creator so fluffypony goes through the functionality. Video link: https://www.youtube.com/watch?v=LlTDS3iCqRYBasic overview: The fully expanded account manager is intended for power users. There's a miniaturization button that takes us to a Bitcoin-style simplified interface (image 14 in the set I linked) where all you can do is send funds. The transaction history can be searched/sorted by a lot of parameters including date ranges, address/names, amounts, payment IDs, etc. There's a slider to set the mixin level. You can collapse the Twitter/News bar if that annoys you. A wizard (for the first time it's launched) is in progress. International translations will be crowdsourced to the community. Mining is not yet functional but the intention is to have it going in the background, helping secure the network and earning 'interest' for the user. You can opt out if wanted.
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The announcement was the work-in-progress GUI. 15 screenshots of various tabs here: http://imgur.com/4jGxpTj,SvvEKgf,BJOlDoA,WXCGcPb,V2Wqe8Q,cuLmgow,sXVwnoT,OSWiHpv,AusVrKk,O0Wy7RP,lPtURyT,ZAEpe8e,vFM1ndN,tHFIrSb,0kDFXP3Below: the dashboard tab.
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The only issue here is inflation. Stop or massively slow the mining.
No coin's value can withstand PoW inflation. The lesson has been learned in every coin to date that is PoW. The only coin that has come close to resisting it is Bitcoin. And even BTC struggles with it daily. The day everyone gets this inescapable truth will be a good day.
Incidentally, the only two coins with non-negligible market cap and volume are constant emission PoW coins - BTC and LTC. The lesson that been learned is that non-inflationary coins look great to current holders but look like Ponzi schemes to future holders. They die sooner or later when interest wanes. (I'll wait to see if the more innovative ones like NXT and ETH have enough of a value proposition to survive, but the ones that are simply currencies die.) XMR actually has decreasing emission and greater overall disinflation than the BTC halving schedule so you should be happy on that front.
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I think monero is double-spent proof? People want instant gratification and they will flock to the largest pool (see ghash.io).
This is a misconception coming from the CryptoNote whitepaper's use of the term. What they mean is that CN coins are double-spending proof under normal conditions (i.e. no one has >50% of the network). This would not be worth mentioning for normal signatures (BTC-derived coins) but special care had to be taken to make ring signatures double-spending proof. However, it's still vulnerable to the standard 51% attack like any PoW system because that allows replacing key image sets. I agree that the 'large pool = better payout' superstition is annoying. I've tried to educate people on that but most don't actually know what PoW is so they go on believing what they want to believe.
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Are there other systems that accomplish the same level of anonymity and decentralization?
No. Your other option is zero-knowledge proofs, which brings its own host of problems. There are also various CoinJoin hackjob altcoins that exist for no good reason considering BTC already has CoinJoin.
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Rias, that is not from any of us. I wonder how you just happen to have a URL for something so obscure and clearly fake.
In any case, I'm delighted that trolls care enough to make fake press releases. But this one is a little too transparent. In the future, try to aim for more realism so that at least some might fall for it.
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Going on 16 hours withdrawal from Poloniex to BTER...anyone else having similar issues? I have now sent support tickets to both exchanges ahhh great, so Poloniex API has been sending out transactions without Payment ID, even if you input everything correctly. So now my account wont be credited on BTER and Poloniex can't man up to the mistake and send me a duplicate tx. 100 XMR is effectively lost in the ether. Stay away from Poloniex, what a bunch of amateurs Actually, the exchanges have experience dealing with this situation. Until recently, users were explicitly told to never transfer directly from exchange to exchange because the functionality didn't exist. But many didn't follow instructions and transferred anyway. You can resolve this by submitting a ticket with the receiving exchange and having your txid at hand. Unless you publicly stated the txid somewhere, it does reasonably identify you as the person who should be credited.
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Is there a place where one can discuss technical issues and project development, and get timely replies from devs? I'm working on a rather interesting project and need some help getting Monero RPC to work.
#monero-dev is the best place. You left the channel right before busoni offered to help regarding your RPC issues.
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