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1  Alternate cryptocurrencies / Mining (Altcoins) / Re: Claymore's CryptoNote GPU Miner v9.5 on: September 04, 2016, 06:32:13 PM
Perhaps odd question but wonder if anyone has any thoughts. It is the middle of a heat wave here and I would like to keep my 390X going but it is getting uncomfortably warm in the room it is in. Is there any way for me to reduce the GPU utilization a bit? E.g. set it at 50% of full use for a few days? I get around 850 h/s at 100% utilization. I have changed to low intensity mode and fiddled around with -h, -a, and -li and through all permutations the GPU still has 100% utilization and never goes below around 760 h/s.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine on: August 19, 2014, 02:50:31 PM

I added these nodes (but not the peer.dat), deleted all the data files, restarted, and....synced!!!!

...
 Grin

That did the trick! You are gentleman and a scholar!
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine on: August 19, 2014, 03:51:48 AM
I just downloaded the qt client from the site to take a look and am having trouble with network syncing. I constantly get stuck 7 days behind in the "downloading headers" stage of syncing with the network. Block 25698 is the point where things seem to get stuck. Has this happened to anyone else? Something I'm missing?
4  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero (XMR) Speculation thread on: August 17, 2014, 09:47:56 PM
True this needs to be solved.
Still, Monero is just a crude hack compared to zerocash.
You are assuming that it can be solved. I am skeptical.

Have you read the rest of the Zerocash paper and process? The crypto is seriously cutting edge. I'm educated quite highly in related areas and I can only understand at a higher abstraction level what they are doing. Zero-knowledge proof is very impressive. I'm sure they'll be able to leverage something similar to solve this issue.


I'm not picking a fight. In fact, Monero is the only altcoin I have any stake in at all at the moment. I sold all my peercoin and litecoin months ago at the peak (whcih was mostly luck). I'm merely trying to poke people so I can find out whether there are more and better arguments now for Monero to "win". If people would convince me better I might increase my stake in Monero (current prices while low are still substantially higher than when i bought the Monero I currently own).

I dunno I have some training in this area as well and see things somewhat oppositely to you. If someone wanted to trust their real money to something I made in grad school I would raise my eyebrow pretty highly. I have no doubt that the work that Matt Green et al. are doing is academically intriguing but the fact that it is cutting edge and unvalidated by the academic cryptography community is not really a strength. Ring signatures  are a well-validated cryptographic approach with a strong literature base supporting them as an elegant and reasonably secure approach to privacy.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures on: May 29, 2014, 12:22:09 AM
It has been said from the start that this is explicitly not a pump and dump coin. The devs frankly don't spend a lot of time thinking about the short term price action. The market will find an equilibrium and whatever that equilibrium price happens to be, "price times quantity" wlll allow you to hold and/or spend this coin in the desired amount. Whether that is 10 coins at 0.001 or 1 coin at 0.01 makes little real difference.

If you are looking a coin to be pumped up the for short term gains it may well be that DRK or XC are better for you. That won't work long term anyway. Pick any parameters you want, tweak them to game out an advantage as many times you want, but if the coin is not useful it will sooner or later still be worth exactly zero. Likewise if the coin is or becomes useful it will maintain and gain value regardless of the exact parameters, as explained above.


100% support this. Virtually every other altcoin has some kind of scam element that leads to it being criticized. One of the strongest differentiating traits of Monero is its clean launch. Changing the emission now would remove that strength. (That said I do support changing to two minute block times with the emission per block adjusted to maintain the same curve in order to reduce orphans.) As eizh said upthread, the fast emission now will actually result in a slower emission and the presumed increased valuation that folks are craving a year from now. In the mean time, Monero is taking good steps to build on its base, including the partnership with i2p, pool development, GUI wallet development, and possibly an android wallet. All of these will help to draw in new users and presumably support the price.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: May 28, 2014, 08:25:13 PM
Are you saying that bitcoin's users likely number in the tens of thousands at worst then?  This sounds like hyperbole. 

No I think it probably is somewhere in the hundreds of thousands. Total wallets is around 1.7 million and I'm assuming that most people, like myself, have more than one. I'm not trying to be hyperbolic, but just trying to point out that Bitcoin, even though it is by far the most likely cryptocurrency to succeed long-term, is still tiny in terms of its userbase.

I believe it is the method the market will select, regardless of my perception of fairness.  The more I study alt-coins, the less likely it seems to me that any open-source and decentralized crytpocurrency could out-compete bitcoin or a bitcoin spin-off.
...
A very credible argument can be made that a new user benefits most strongly by joining the dominant network.   The largest network would tend to have the widest acceptance, greatest liquidity, largest market capitalization, and the strongest user base (allowing the new user to benefit as per Metcalfe's Law).  If bitcoin tends to appreciate on average at a faster rate than a basket of alt-coins, this only gives more reasons for new users to prefer bitcoin.

I guess this depends on how you define the market. If you limit it to current cryptocurrency users, which overwhelmingly is made up of people who hold at least some Bitcoin, then you are right that probably anything linked to Bitcoin would likely have an automatic built in userbase. What I am trying to say is: what about people who don't even know about Bitcoin now? Why would they have any incentive to join a system that favours a relatively tiny group of what in their view are "early adopters"? (This issue is even more sensitive given the current complaints regarding wealth concentration, the 1% etc. in fiat currency.)
7  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: May 28, 2014, 07:32:33 PM
The only argument I can see against spin-offs is that the distribution of wealth in bitcoin is somehow "unfair."  I don't think this view will garner much sympathy, however.    

So you are saying that Bitcoin, a cryptocurrency whose users likely number in the hundreds of thousands at most, is the be-all and end-all determinant of how any future cyptocurrencies should be distributed? What would be the incentive for any new users who did not happen to hold Bitcoin?
8  Alternate cryptocurrencies / Mining (Altcoins) / Re: New (more optimized) MRO CPUMiner [Updated 05/26/2014] [REPORT OF 2X INCREASE] on: May 28, 2014, 03:11:18 PM
Any possibility for Windows binaries?
My tests seem to indicate that Lucas miner is faster than last windows binary

It is, and not now, at least. I'd need to port the assembly functions over.

NEW CODE RELEASED! This is even better - and it's portable to Windows!

Just to clarify, will your updated miner be portable to Windows or not? It's a bit hard to follow the OP as the edits aren't dated. Good work either way and thanks for contributing to MRO.
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures on: May 28, 2014, 04:07:27 AM
Actually, I think keeping all of Mycelium, and just adding Monero as a new tab would be very cool, now that I think about it.  You could later on add local market with automated escrow quite easily, which would make it very easy to get monero p2p via advertisements, or do monero<->fiat in the same manner as bitcoin.

In fact, I made inquiries with the company to see if they would be interested in supporting MRO markets (and taking their fees) if I supplied client code of suitable quality.

I just hired somebody to do the client part of adding MRO to Mycelium the easy way, since I really don't have the time to run through an ADK learning cycle right now.  I'll do server-side stuff for it.

Wow you made quick work of that one. Thanks for taking charge on something that will likely really help to fuel adoption and real-world use.
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: May 28, 2014, 12:58:48 AM
Anybody else raise a bit of an eyebrow at the "no forks" part of Evan's post?  If that can be done, then why did we try to hard fork in the first place? Was the original method really thought through and the best option to pay masternodes selected? Or is there some compromise in implementing forkless payments that is now being ignored becuase of the chaos over the last few days? And then there is the obvious increasing of the masternode incentive (20%, multiple tickets) which I guess is fine... but is also a convenient price lifeboat.

My wallet has remained closed during this mishap and I have no plans to dump any part of my modest stash, but I have a lot of questions right now. Anybody that has any insight (Evan himself is best, but that is hoping for too much) that could answer some of these questions would be appreciated.

Or maybe I am being too skeptical and nobody else sees anything odd here...

no you're not alone. I think it's a bit odd too. Evan could definitely improve on his communication with the community.
But DRK is still the best anonymous coin out there... so let's hope the best Wink

Yeah some of the posts in here reek a little too much of drinking the kool-aid. The roll-out of the masternodes was a major flop regardless of how much you spin the quick recovery--darkcoin's key feature is not working currently. I hope this is treated as a learning opportunity for future releases. Changing the masternode incentives at the expense of everyone else will help the price in the short term, but that's an economic tool you can only use one or two times at most to buoy up the price--miners have to receive something for their contribution as well.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: May 26, 2014, 04:38:00 AM
Even if in your eyes Monero is seen as the  "first", it's just a clone of Bytecoin and offers nothing new to the table...Monero has the same exact features as Quazarcoin, HoneyPenny, and FantomCoin. The only thing that makes them different is the names and logos...I'm sorry but coins like these never make it far, they may be hyped in the short run, but in the long run, having innovation is what carries a coin further, not being copied code for code like Monero was from Bytecoin..

The only way that Darkcoin is able to avoid the same problem is by being closed source and hence entirely unvalidated in its claims. If Darksend goes open source as Evan has claimed, what is going to stop someone from launching a "fair launch" Darkcoin with identical technology but none of the problems involving the "insta-mine" etc.? I'd be really careful relying on this argument as the exact same criticism will apply to DRK three months from now when clones start coming out. The MRO developers are clearly the drivers of CryptoNote innovation right now in terms of volume of improvements to the code base, making CryptoNote technology more accessible, etc. That is how you establish a currency amongst a sea of duplicates.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero vs. Bytecoin on: May 25, 2014, 04:28:59 AM
Which is the better investment?

Both are CryptoNote. But does Monero provide the anonymity Bytecoin offers? Or is it the same?

How do we know that the Monero protocol has no bugs in it? Genuine question.

Monero is a CryptoNote coin built from the Bytecoin source (see github) and so offers an identical feature set. Thus far the developers have in fact fixed several errors in the Bytecoin coin, notably the apparently crippled mining code. Monero's net hash is approximately 14 times that of Bytecoin's and so is likely the more popular of the two. Monero's development team is also much more active in terms of popularizing CryptoNote, e.g. today's successful implementation of stratum pool mining.

My primary concern with Bytecoin is that it is subject to the same economic problems that are currently destroying Ripple: when you have the vast majority of the wealth held by a small number of holders the economy becomes unstable. If even one large holder decides to liquidate their holdings, they flood the market and destroy the value of the entire currency. Monero's clean start and extreme liquidity (its daily exchange volume approaches 10% of the coin supply) mean that it is more likely to be well-distributed and hence immune from this issue.
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures on: May 24, 2014, 06:18:21 AM
Another problem worth mentioning, ~80% of the "masternodes" are concentrated in 3 VPS companies. It's a mockery of 'decentralized' and 'trustless'.

Yes this is somewhat concerning. Beyond that, I am a bit worried about the technical aptitude of some of the masternode operators. Many of them seem to be quite new to setting up and operating a server, leaving me to question how secure the network will be to attack.
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures on: May 24, 2014, 05:53:08 AM
Thanks for the answers everyone. More than my initial question - what I really am trying to understand is which type of anonymity DRK vs. MRO has more long term advantages?  Whats the case for one or the other? Or will they simply be competing?

I hold both MRO and DRK and so have thought about this question somewhat carefully. DRK has the advantage of better awareness (particularly with its recent price increase), the familiarity and backend support of using a BTC-based client and associated services, and a large community of holders/miners. The developer, Evan Duffield, is quite visible and had made meaningful development progress. Some of the economic characteristics of the coin, including its relatively low inflation and the masternode system (which ties up coin) tend to encourage price increases. The principal concern for many regarding it is its unequal early distribution ("instamine") which you'll have to decide for yourself how much it bothers you. Another potential criticism is that Darksend is currently closed-source and unvetted, so we have no way of knowing if it will deliver on its promises. In fairness, Evan has stated it will go open source when complete, however.

MRO has the advantage of a truly novel and elegant implementation of anonymity. If a coin's value is determined purely by the anonymity if offers then CryptoNote beats CoinJoin (which underpins Darksend) hands-down. Even the originator of CoinJoin, gmaxwell, has stated as such. The CryptoNote developers, while anonymous, appear to be quite familiar with the academic cryptography literature and have used ring signatures in a clever manner to underpin their coin. Ring signatures are academically vetted and enjoy broad support within the cryptographic community (e.g. Adam Back, the cryptographer who invented hashcash for Bitcoin, tweeted his support). While I think Evan is a great developer amongst the sea of altcoins, he strikes me as more of a coder and less of a cryptographer. He, for example, has reversed himself and decided against using ring signatures. While this decision was ascribed to avoiding bloat in the blockchain, I think it's more likely because he realized implementing ring signatures in a BTC-based coin, particularly one with an already-established blockchain, would be extremely difficult.

The main limiting factor of MRO right now is that because it is not based on BTC, all of the underpinnings users have come to expect (GUI, pools, exchanges, etc.) have to be developed from scratch. This hurts the uptake of the coin and scares off less advanced users. It is possible that DRK could develop a lead in user uptake while these things get sorted out. With that said, I think the progress over one month has been very fast given that deficit; there is also a strong team of experienced developers. Some also criticize MRO as a "clone" of Bytecoin (the original CryptoNote currency marred by its own, bigger, "premine" controversy). While Bytecoin did indeed form the base of MRO, the MRO devs have done a lot to popularize CryptoNote and make it accessible to end users. MRO also has by far the largest net hash and exchange volume of the CryptoNote coins. As we saw with Tenebrix/Litecoin, sometimes being second with a fair launch is what makes the difference in making a coin stick in the long term. Also, the reason DRK is able to avoid having any "clones" currently is because of its aforementioned closed source; this is not really a strength per se as it is unlikely that people will tolerate a closed source coin in the long run, particularly when it comes to anonymity.

Anyway, I think both of these coins have a bright future. While the recent run-up of DRK clearly has elements of irrational exuberance, I do think that, so long as it delivers on its promises, it deserves to be beside Litecoin as one of the most valuable BTC derivatives. For a dark-horse long-term bet though I think MRO is the true second generation cryptocurrency.

15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures on: May 23, 2014, 04:53:56 PM
Is there a link of the full blockchain (blockchain.bin) ?

The blockchain as of May 21st is linked on the first post.
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BCN] Bytecoin (CPU-mining, true anonymity) on: May 23, 2014, 02:45:56 PM
It always amuses me how one can shape another one's thoughts and find allusions where there aren't any. CryptoNote and Bytecoin team indeed worked together. It's Bytecoin devs that created the vast majority of the code based on the cryptography that was primarily ours by design. As BCN devs were interested in playing around with the coins itself, our courses departed. That is basically the whole story. CryptoNote never envisioned itself stick to community and ecosystem creation. We simply let others do it.

I've recently contacted Bytecoin team and there are some interesting updates, which they promise to roll out in a few weeks.

Thanks for clarifying things. Can you share anything about the future plans and directions for CryptoNote? As I said above, I think you guys (and girls?) really are doing very interesting work.
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BCN] Bytecoin (CPU-mining, true anonymity) on: May 23, 2014, 06:24:57 AM
The cryptosystem useful for a lot more than cryptocurrencies too.

I'm working on a very fun application of it right now... Will post when I have usable tools. Smiley

Sounds exciting! I look forward to seeing what you've got in store.
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BCN] Bytecoin (CPU-mining, true anonymity) on: May 23, 2014, 06:13:57 AM
]I'm not trying to be sanctimonious... but rather I have a _lot_ of respect for the really clever cryptosystem used in Bytecoin. It's one of the most interesting cryptographic techniques _actually deployed_ that I've since basically bitcoin itself (there are a lot of other neat ideas, few have made it to actual use).  If this were tech that worked in Bitcoin it would have won pretty much the entirety of the coinjoin bounty hands down by my opinion.   So I don't mean to dismiss the work that has been done in the forks, but it is really not on the same level as the actual invention here in my opinion (esp since bytecoin is not a fork of Bitcoin).  Maybe in a couple years my opinion will be different.   My view is also colored by my own position as a developer who took up the maintenance of Bitcoin after its author left, e.g. I'm inclined to discount the value of contributions similar to my own

Cryptonote's underlying cryptography does appear to be remarkably elegant in its implementation which is why I find all the related projects so exciting. Cryptography is not an area of mathematics in which I am particularly well-read, but the project was sufficiently intriguing to get me delving into some of the literature underlying their work and left me impressed. They do seem to have made one of the first real steps forward I would say in terms of bringing something genuinely new to an altcoin.

What do you make of the apparent schism between Cryptonote, which now appear to be the prime movers behind the technology, and the Bytecoin team? They make numerous allusions on their forum posts that there was disagreement in how Bytecoin was to be developed which led to the two teams splitting.

Btw there have been some good technical chats over on the Monero thread, so come take a look some time! (Ignore the rinse-repeat MRO/DRK trolling though.)
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures on: May 20, 2014, 04:52:09 PM
Wow, this coin died already?

I don't get it. If darkcoin is so great, why are you letting your obvious insecurity spill over through some bizarre and transparent FUD scheme? You obviously see some potential in MRO given that you were asking about its pros and cons over in the DRK thread and have been posting regular price updates in this thread. I say this as someone who holds quite a few DRK: just relax man. It reflects poorly on the DRK community.  
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures on: May 20, 2014, 03:09:00 PM
We've added Monero to MinerGate by a popular demand.
You can check MinerGate thread and you'll see that lots of users asked about it.
We care about our users and trying to implement features they are asking for.
If you want to mine on an open source pool you are welcome.

Last I checked, even the "open source" pool just uses simpleminer pointed at a closed source backend--is this still the case? Have the various withdrawal issues been fixed? Honestly you guys were so cagey with releasing any details when Bytecoin first came on the scene that I struggle to see why I should choose Minergate over an open source pool.
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