^ I had the same concern at the time phishead. There were only 200 nodes in total  However I do think Dandelion does not resolve your ISP and others knowing there is a Monero node running on your IP address. It solves that a transaction cannot be linked to an IPadress anymore. Running a node is not illegal, I think. Let's hope that doesn't change. You don't have to own Monero to run the node. Why would running a node or owning Monero be illegal? It is just that I value my privacy. Therefore at the time I used a VPS to run a node in a foreign country that did not have a node yet. Nowadays from home because my ISP reports a single location for all their IP’s and my upload speed went x5. |
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Very nice yogg, eager to hear about the test results! Minor thing I would change because I try to avoid big privacy intruding companies, is to get rid of the word Google. I believe something more neutral like ‘Search’ would be sufficient (and maybe Google does not exist anymore or rebranded when the transaction can and needs to be spend). Edit some more minor things, do as you like - Normally the ‘:’ has no space after the word Instructions (same for AuthKey: and S/N:) - Sentence 1 misses a dot. - Sentence 4 says ‘privkey’, but under the hologram it says ‘private key’. - I would replace BTC for Bitcoin, mentioned 3 times. |
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 Logic. Makes no sense to me. You vote on a president or political party because it is the one that aligns most with your political view. You don’t vote on someone because it is the one that is likely going to win. |
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^ I had the same concern at the time phishead. There were only 200 nodes in total However I do think Dandelion does not resolve your ISP and others knowing there is a Monero node running on your IP address. It solves that a transaction cannot be linked to an IPadress anymore. |
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First time I hear about ‘hashrate highjacking’: https://medium.com/braiins/hashrate-robbery-stratum-v2-fixes-this-and-more-8bc4ef578eb7Stratum V1 has a major security flaw: it’s vulnerable to man-in-the-middle (MITM) attacks. The worst of these attacks is hashrate hijacking, in which a malicious third party is able to steal a miner’s proof of work before it reaches their target pool, thereby taking credit for the work and earning the payout for themselves instead.
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https://www.monerooutreach.org/stories/dandelion.htmlMonero stands on its Peer To Peer (P2P) communication network. The network’s blockchain-aware computers—called nodes—share the information that powers Monero, such as node addresses, historical blockchain data, blocks as they are mined, and new transactions to be added to blocks. The nodes are identified using Internet Protocol (IP) addresses, though, exposing risk that observers can connect IP addresses to transactions, deanonymizing the data they contain. Dandelion++ is a method for hiding this connection that is planned for an upcoming Monero software release. This article describes how Dandelion++ works and what it will do for users of Monero.
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Boomers are nocoiners. Except for Jimbo of course. |
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Been thinking about it a bit more. Bitcoin does not produce anything. There is no dependency on any supply chain being functional or not. Dumping your precious bitcoins like a company stock because of a non computer virus makes absolutely no sense. It is an irrational decision unless your purpose is to try an buy them back cheaper, and we all know how that worked out over the last 10+ years for Joe Average.
The problem is that a fair amount of BTC is owned or at least manipulated by Wall Street and large institutions like Bakkt and the CME. Wall Street views bitcoin has an extremely high risk asset, meaning it is the first asset to get sold off whenever there is a panic of sorts. Only after Wall Street has minimized its involvement with BTC and regular folks feel comfortable with their amount of fiat money will BTC's price begin to stabilize. Sorry to be the bearer of bad news, but that's what I believe. And that is where sellers of any size are wrong. First volatility != risk. Retail investors often act emotional (the human monkey brain has a hard time dealing with ‘losing’) but institutions/algorithms know better. Bitcoin until today is volatile in only one direction: up. It is therefore more likely institutions involved in Bitcoin are selling to compensate for their recent losses in stocks, which is probably why gold went down as well after its multi year high: profit taking. Second Bitcoin is an uncorrelated asset. It does not care about China, the stock market, covid-19, or even bitebits posting in the WO. Selling bitcoins for any other reason than permanently getting out is stupidity and you will get burnt, whether you are Wall Street or Joe Average. The <=2015 days when Bitcoin actually was a risky investment are long gone. To those who did I salute you. Volatility absolutely equals risk. That's what makes risky asset categories risky. High risk, high reward. If an asset simply rises, that's not volatility -- that's stability. However, bitcoin doesn't do that. Previous to cryptocurrency, Wall Street's highest risk asset category was emerging markets, for the exact same reason: they are highly volatile. Traditionally, there has been zero correlation between BTC in the stock market; however, the stock market has been in a bull run for almost the entirety of bitcoin's existence, and Wall Street only started really getting into bitcoin in the last couple years. We have yet to see how bitcoin will react to a bear stock market. I think you got things backwards. A high risk investment it is often volatile, price volatility however does not equal risk. Bitcoin is the most stable thing around, 99.9+% uptime. Selling bitcoin because it exists in an unstable world makes no sense to me. It is like selling my paid off house because of a virus or stock market decline, the two are completely unrelated. Agree interesting how Bitcoin plays out over the next decade or two. I will be around. |
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Been thinking about it a bit more. Bitcoin does not produce anything. There is no dependency on any supply chain being functional or not. Dumping your precious bitcoins like a company stock because of a non computer virus makes absolutely no sense. It is an irrational decision unless your purpose is to try an buy them back cheaper, and we all know how that worked out over the last 10+ years for Joe Average.
The problem is that a fair amount of BTC is owned or at least manipulated by Wall Street and large institutions like Bakkt and the CME. Wall Street views bitcoin has an extremely high risk asset, meaning it is the first asset to get sold off whenever there is a panic of sorts. Only after Wall Street has minimized its involvement with BTC and regular folks feel comfortable with their amount of fiat money will BTC's price begin to stabilize. Sorry to be the bearer of bad news, but that's what I believe. And that is where sellers of any size are wrong. First volatility != risk. Retail investors often act emotional (the human monkey brain has a hard time dealing with ‘losing’) but institutions/algorithms know better. Bitcoin until today is volatile in only one direction: up. It is therefore more likely institutions involved in Bitcoin are selling to compensate for their recent losses in stocks, which is probably why gold went down as well after its multi year high: profit taking. Second Bitcoin is an uncorrelated asset. It does not care about China, the stock market, covid-19, or even bitebits posting in the WO. Selling bitcoins for any other reason than permanently getting out is stupidity and you will get burnt, whether you are Wall Street or Joe Average. The <=2015 days when Bitcoin actually was a risky investment are long gone. To those who did I salute you. |
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Been thinking about it a bit more. Bitcoin does not produce anything. There is no dependency on any supply chain being functional or not. Dumping your precious bitcoins like a company stock because of a non computer virus makes absolutely no sense. It is an irrational decision unless your purpose is to try an buy them back cheaper, and we all know how that worked out over the last 10+ years for Joe Average.
I am a buyer of Bitcoin until this knowledge gap closes and going to happily quote myself in a few years time. Today’s price of a bitcoin is ~ $8500.
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My ‘Crypto Twitter’ only talks about Coronavirus. Don’t have television but assume the same.
Honestly I could not care less about this flu (since it is in the ‘circle of concern’) and as a distant observer this feels like the panic phase. Have no time frame in mind in a world of short attention span, but this thing will blow over as well.
You can call me cheap but I am a buyer when there is a discount. Served me well over the years.
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^ Insert Matrix Meme
So you are telling me, Lambie Slayer, just buy Bitcoin?
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This is is fun Rxalts, only have experience with Trezor. I take spot 21 please |
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Corona FUD, China FUD, long term it makes no difference. Just a blip on the radar. It is cliché but really just buy some if you can. The way I see current events:  |
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Think that the dissent by SEC Commissioner Hester Peirce is quite telling how much Bitcoin getting traction / being adopted is being feared: "This line of disapprovals leads me to conclude that this Commission is unwilling to approve the listing of any product that would provide access to the market for bitcoin and that no filing will meet the ever-shifting standards that this Commission insists on applying to bitcoin-related products—and only to bitcoin-related products"
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Corn is s*ck*ng donkey c*ck
Bought my first bitcoin today, in 2020. |
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Only 21 days ago. Don’t panic guys, I still have you covered. For now. Maybe. |
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