It's a cute theory, but really, emulating hacker movies is not really what Monero is trying to achieve here.
No and I never claimed it was. I'm just pointing at what I see. We're talking about a $30 million marketcap. The majority of users simply require functionality. - Mr Asuki from the Japanese Yakuza just needs to be in and out without any fuss. He has no experience of command-line.
- Madame X is a spanish anarchist. She just needs to be in and out without any fuss. She has no experience of command-line.
- Abd al Hakim is a Syrian refugee trying to escape to Pakistan. He just needs to be in and out without any fuss. He has no experience of command-line.
- Kang Sok Ju is a North Korean defector trying to make his way to Europe. He just needs to be in and out without any fuss. He has no experience of command-line.
- Gus Fring is a Chilean chicken vendor. He just needs to be in and out without any fuss. He has no experience of command-line.
And so it continues... This might be right. I'm not sure to what extent I'm able to judge just how difficult it would be for Gus Fring. I mean you dont have to navigate to it in the command line. There are stand alone executable right in the directory. You just double click bitmonerod. Then double click simple wallet. I guess the "hard" part is understanding how to format inputs? Like: transfer [mixin] [address] [amount] [payment id]. Is that the hard part? |
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Do you think thanks to her Darkcoin has a marketcap of 100 million?
You need to educate yourself on how coinmarketcap calculates marketcaps and stop being amazed by that arbitrary number. What do you mean? There is around 50 % less Darkcoins (6-7 mil) issued compared with Monero (12 mil) so it should be easier to pump Monero's marketcap. Each 1 dollar rise represents 12 million dollar rise in Monero's and merely 6-7 million dollar rise in Darkcoin's market capitalizations. Hes talking about what I like to call the ripple effect (since ripple is the poster child for this bait and switch). The price is a function of supply and demand (obviously) but coinmarketcap conflates currency supply for actual supply on the market. So with ripple (havn't followed ripple so these figures could be out of date) the ripple foundation owns like 90% of the currency supply (or something like that dont quote me as a ripple expert). So only 10% is actually trading on the market at any given time. So the price is a function of the supply and demand in the market where only 10% of the total supply in existance is trading. Coin market cap then proceeds to multiply the price times the TOTAL currency supply rather than the supply in the market. My understanding with dash is master nodes who facilitate coinjoin transactions (and are compensated well for this privilege) must hold a very large dash stake in perpetuity. So in effect this supply is locked out of the market. Even though in this case its a dash cartel locking away all of the funds rather than a single monopolist in the case of ripple, its the same effect. (yes i over use parentheses) |
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We just need the GUI asap.
Honestly, and this is going to sound crazy, but I'm not sure this is right. Every time I use the client I cant help but nerd out over how awesome the command line interface is. Suppose we had instead a really well produced really highly polished short guide on how to use the command line interface easily accessible. Its not hard to use at all. There is no reason why anyone couldn't learn in a few minutes. So suppose our normal dark net market user (how ever normal one of those people can ever be) does take a few minutes to watch the short guide. Now just picture it in your head. A normal(ish) person going on the dark net using moneros awesomely hacker flick inspired interface. Let me put it this way. If normal(ish) guys mother were watching she would think she were watching sword fish. It actually looks and feels like a prop from a movie like that. Which perfectly matches with the sort of thing our guy is actually using it for. The interface so perfectly matches the tone of its main use case (atleast right now). It distinguishes it from bitcoin as the more serious dark net tool that it actually is. When you use the monero interface you dont feel like you are using just another alt coin, and you arent, so in a way this is a good thing. Yea ok this small barrier deters some marginal prospective users. Of course. But we shouldn't ignore the fact that it probably increases retention of those who do overcome that small hurdle. Even if a great dev supported gui did exist I for one would almost certainly continue using the command line version as long as it was still supported as well. Just some of my thoughts, interested in yours. |
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Wow, Monero is impressive!
character of its leadership... exquisitely tuned feature set... deeply informed cryptographic design... maturity and knowledgeability... scope and... credibility of its ambitions. Damn you sold me. Ill take your finest vintage. |
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Ofcourse. Monero community for the first time started to talk about Marketing.
Marketing are not only clicks on adds. But we can save a whale from evil Japanese Whale hunters and whole world will write how Monero save it. But i guess that might be a bit to expensive.
But if that happens I am sure no one in Monero community will say that those who organized it did wrong since Gold dont need any proactivity that people see its shine.
wait what. how can we save a whale? Sounds like sponsoring Sea Shepard... https://www.youtube.com/watch?v=ycyCfK14axwEff that. We are all about understanding the power of markets here right? Let's crowd fund a bounty on the sinking of a whaling ship.  Forget the greed activist fags, lets hire pirates! |
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I see. Maybe they patched the hole first, and then improved its efficiency later.
A quite reasonable explanation. |
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Meanwhile I see a pretty massive bull flag on the XMRBTC chart.
Ofcourse. Monero community for the first time started to talk about Marketing. Marketing are not only clicks on adds. But we can save a whale from evil Japanese Whale hunters and whole world will write how Monero save it. But i guess that might be a bit to expensive. But if that happens I am sure no one in Monero community will say that those who organized it did wrong since Gold dont need any proactivity that people see its shine. wait what. how can we save a whale? |
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Yes that is what I was talking about. Hm, I bought my trezor just a few months ago, ... I think it's responsive enough, but I have no reference.
how much faster were earlier models exactly?
It wasnt having to do with earlier models. My trezor seemed to slow down significantly after the firmware update that came right after the discovery of that attack vector. But now it's seems to be back to the way it used to be. Also I could have just been experiencing an unlucky series of server problems with mytrezor.com around that time. Not sure. |
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Is now a good time to buy XMR or do you guys think it will come down some and offer a better entry.
Chances are it will come down quite a bit after zcash promotion engine starts revving up. But will it be a good entry I don't know. Why would anybody think of buying zcash? Well, much for the same reason as buying monero. I think zcash will help spread the word about fungibility. I was thinking. For someone who wanted ultimate privacy, they could run their funds through every privacy centric crypto on the market. Their privacy would be a function of the strongest link in the chain not the weakest. So even if there are some concerns that zcash may have a few too many moving parts to offer true piece of mind it could have strong utility for the previously mentioned reason. |
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The password manager is pretty cool but it kinda defeats the purpose when the first thing I see when I open the extension is a prompt for a password and I cant use my trezor password manager yet because it isn't open yet  So I end up still using keypass2 because I don't want to use my master pass on any web service and I dont want to try to memorize another password thats secure enough for the requirements of my email (since knowing my email authentication information would unlock pretty much all of my other accounts). So at this point its like maybe, as cool as the trezor password manager is, maybe I just keep using keypass2 for everything? Maybe I'm missing something. *edit* maybe I just make a drop box account with a very simple password and then even if that drop box account were compromised they wouldn't get a hold of any of my other passwords since they don't have the trezor. Its obvious that google is just being used in this instance to store an encrypted database. But you know what would be super nice is if you guys could provide cloud storage just for our encrypted password databases then you could offer trezor based authentication for that cloud storage rather than typing in a password. I would pay for that. Also though it would be nice to have a way to store that same database locally just incase your servers were on the fritz (like they sometimes are with mytrezor.com) Just some thoughts. *edit2* nvm. drop box doesn't have a free tier. so back to square one. |
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Why XMR vs DASH? - my final question.
Dash is like a leaking dam. First they took bitcoin then decided they were going to add coinjoin style mixing to it. So its like they took a machine and hammered it into the side of the dam. Of course that led to unforeseen problems, leaks if you will. So they come up with adhock solutions to each problem in turn, to continue the analogy, they threw crude patches on the leaks. These patches create new leaks so they patch those. So like imagine a guy trying to stick his fingers in the leaks in a dam but new ones keep popping up. You have just pictured the dash devs. Cryptonote (the tech behind monero) on the other hand was designed with forethought and purpose as a comprehensive system for achieving its aims. Also you can roughly think of monero as mixing with everyone else on the network rather than a group small enough to avoid being prohibitively large (like coinjoin). Additionally coinjoin only offers (inferior to monero) untracability but still it has linkability. (*edit* this could be out of date, it would have been easy for them to copy monero in this regard, I bet they have) Monero offers untracability and unlinkability. But I mean dash has better marketing. If you are into that.  When the only advertising you can do for yourself is demeaning your competitors This is very obviously fallacious. I also didn't upload a video of myself hoola hooping and link that in the same post. I guess that means I cant hoola hoop either. Learn to think. |
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When the GUI is released will there be a "one click mix" option? or an easy way to specify how much you want to mix and how much you will need to pay to mix that much?
It is not really mixing even though the current terminology is mixin. Mixin denotes how many others sign the transaction besides you. That is ring signatures. These are transactions that have already happened. Currently the minimum mixin is 2 which means your transaction will be signed by 2 others besides you. They default minimum mixin will go to 4 in the future. You can choose the minimum or a greater #. What you choose can change the fee. I don't know how the fee will be displayed on the new GUI. Maybe others can comment on that or correct my explanation above. And these Ring Signatures help to keep my funds secure? ring sig keep it anon. Teeechnically they make it untraceable. When untractability is combined with unlinkability that makes it private. When privacy is utilized to its fullest extent THAT makes it anon.  |
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Why XMR vs DASH? - my final question.
Dash is like a leaking dam. First they took bitcoin then decided they were going to add coinjoin style mixing to it. So its like they took a machine and hammered it into the side of the dam. Of course that led to unforeseen problems, leaks if you will. So they come up with adhock solutions to each problem in turn, to continue the analogy, they threw crude patches on the leaks. These patches create new leaks so they patch those. So like imagine a guy trying to stick his fingers in the leaks in a dam but new ones keep popping up. You have just pictured the dash devs. Cryptonote (the tech behind monero) on the other hand was designed with forethought and purpose as a comprehensive system for achieving its aims. Also you can roughly think of monero as mixing with everyone else on the network rather than a group small enough to avoid being prohibitively large (like coinjoin). Additionally coinjoin only offers (inferior to monero) untracability but still it has linkability. (*edit* this could be out of date, it would have been easy for them to copy monero in this regard, I bet they have) Monero offers untracability and unlinkability. But I mean dash has better marketing. If you are into that. |
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Can I recover my wallet with the mnemonic phrase password and wallet name? Or do I actually need to find the wallet file?
You don't even need the name, if you have the mnemonic seed you can recover your wallet. Oh thank god. Address? I'll send you a pittance for the help. |
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Can I recover my wallet with the mnemonic phrase password and wallet name? Or do I actually need to find the wallet file?
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Re: Premine vs PoW vs ICO vs User ID vs 'a life of crime':
Why not simply make a fixed number of tokens available, at a fixed price per token?
(If not sold out, any unsold tokens would then be provably burned)
This way, developers can still buy their own tokens, but in doing so, they are competing with the other users/buyers. Any tokens bought up by the developers, are tokens that become unavailable for someone else to buy. This is much better than the usual premine, in the sense that the developers are trading a portion of potential outside funding, in exchange for whatever tokens they buy for themselves (aka, putting their money where their mouths are, because they then become a truly interested party, after funding).
Tying up to an existing coin (or coins) seems interesting as well. That would likely attract the widest user foundation, though possibly at the expense of most (all?) of the funding potential...
Sorry there is no difference from a premine. They can buy up most of the coins thus limiting the supply and thus they can set an artificially higher price per share for the ICO (some fewer investors are willing to pay a higher price than other investors, i.e. not all investors are equally astute). Review the math of my post again. Remember all ICO from other investors money ends up in their pocket, no matter how many coins they buy. [...] I disagree. A higher price per share (artificial or not), naturally balances the forces of (developer) greed vs (investor) demand. The higher the price, the more investor interest is dissipated on account of the lesser upside potential, and in the extreme case, one ends up left with a minority of investors/users, as well as has severely handicapped the adoption potential. Then again, as you said, maybe not all investors are equally astute... With a low enough price per share, the ICO naturally sells out. In such instance, would the developer trade a bit of external funding for some pie of their own token? Maybe. Would they do this for a significant portion of the total tokens for sale? Doubtful. Personally, I see unproven technology for emerging markets as being an extremely high risk investment, and I will value it accordingly. Talents and accomplishments might become extremely valuable (if functional success is delivered), but comparatively speaking, the product itself, is of little value, especially when it can be replicated/cloned/forked to exhaustion. Isn't this way over thinking it? Just let everyone invest as much as they want to, and devide the total currency supply proportionately to each persons contribution. |
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So I suppose if we want to start talking about this idea I can go ahead and talk about my concern. And I will fully admit that this may be my lack of understanding or imagination only and nothing wrong with the concept at all.
If the network is fracture tolerant, than there is a concern that you might be validating a doublespend transaction without realizing it when creating your own transaction. This wouldn't be much of a big deal assuming only a hand full of dinguses trying to doublespend for personal profit, but what if someone(s) tries to exploit this as an attack vector against the network its self with no intention of personally profiting from the actual double-spend.
Dev's tried to explain to me why this reservation was unfounded but either the answers were nonsense or I wasn't smart enough to understand (probably the second one). So this seems like a better place to continue that discussion than my private messages since someone else might benefit.
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thanks for the heads up cfb. ill go ahead and claim some real estate on the first page.  |
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Is mailchuck dead? I'm just getting an endless "waiting for their encryption key". |
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Nope, not all feminists are women. I'm a testament to that. I believe in equal rights for both sexes.
If you believe in equal rights for both sexes that just makes you a normal person. You dont need a label for that. That's pretty much a description of almost everyone. Atleast in the west. Modern feminists aren't about rights, they are about enforcing equality of outcome which requires different people to have different rights. So for example if men and woman having equal rights leads to men making slightly higher wages on average than females, than feminists are not satisfied with this and will seek to enforce equality of outcome by giving woman special rights that men don't have. |
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