I think the issue is that the network hashrate is calculated from the diff, which is I think is based on blocks in the last 24 hours, I believe it's just (diff/(60*1024^2)), while I think the pools calculate their hashrate based on average diff of blocks in the last 10 or 30 minutes, so they are basing the two numbers on a different starting point. With that being said, it does seem strange how it always seems like the sum of the pools is greater than the reported network hashrate, but maybe that just has to do with the fact that I usually check it in the morning time of the USA.

If you look at the pie chart here: http://minexmr.com/pools.html
It says the network rate is 18.6 Mh/s while the sum of the known pools hashrate is 22 Mh/s, and that's not including solo miners as well as private/unknown pools

In any event, if you want to support the network, you probably shouldn't mine at moneropool.com, I think this much is obvious...

Whatever the measure, it is too high for a pool to have more than 50% of total hash rate. I am comfortable for any pool to have less than 25%.

3. Excellent progress has been made with an initial blockchain database implementation. The first implementation is using the Lightning Memory-Mapped Database, or LMDB, which is the same high-performance database used by OpenLDAP. We are hopeful that this initial release will be ready for limited testing by next week. You can read more about LMDB here: http://symas.com/mdb/ (it would appear they're in a competition with us for the best looking website of 1995). We are quite confident that this will be the most performant embedded database option for our workloads, but we will be adding additional implementations and comparing their performance going forward.

Hello! I'm new here. I'm thinking what the altcoins are worth dealing with. what are the arguments for Monero?

Well, last night the PC has crashed... nothing I can do about it once a month its crashing. Probably running daemon which uses 3GB ram is the reason

Hi, I have a question. I downloaded the wallet zip file. I started up simplewallet and created a wallet.bin file. If I mine to this address can I later put a transaction of my mined coins to an exchange without synchronizing with the network? I don't have much spare disk space to download the entire blockchain (not to mention it's time consuming).

His name is Dan.

Seriously if XC did have any problems with POS code, then i'm quite confident that that Dan would fix it in no time.

I'm pretty sure when he sleeps, he dreams lines of code

I don't understand why PoS coins are more of a concern than PoW?  Doesn't Ghash.io have more than 51% of the hash power on Bitcoin, or very close? If it's possible for a pool to gain 51% or very close to 51% on BITCOIN, then I don't see how any PoW can be safe in the near future.  So far, it seems much easier to attack a PoW than PoS.  Heh?

A couple of years down the road there will be many competing exchanges and most will only hold a small percentage of the outstanding issuance of any coin.  I see this as a problem that corrects itself over time.

POS 51% attack doesn't necessarily acquire 51% coins.

it is possible to initiate such attack by owning 51% STAKING coins.

so if all the coins are in wallet and stake, the network will be secured.

the attack happened to C2 and NAVAJO is same.

the attacker owns a large amount of COINS, but not 51% of ALL COINS. most "investors" deposited on exchanges, cuz ppl do not have much faith in P&D coins. and exchanges do not stake.

so attacker can easily initiate double spend!

i don't think XC has such problem. and XC adopt POS like PPC, that is what i know best.

I notice someone launched a double spend attack on NAV. I don't want to be alarmist , but just want to check if that is possible with all POS coins?
Might as well clear it up and move on.
https://bitcointalk.org/index.php?topic=679791.msg7848188#msg7848188

https://bitcointalk.org/index.php?topic=679791.msg7848512#msg7848512

Please let me know if this is not appropriate and I'll delete it   

I'm afraid that everyone is waiting for REV2 to have it's final tweaks, it's still running a little late at the moment, be patient, i'm sure Dan is beavering away at the code as we speak, it shouldn't be much longer, watch the price go crazy when it's out. Remember we hit 300k on the 6th when everyone though it was going to be out the next day.

We'll get there.

the best is this:
 - buy 51%
 - sell 51%
 - change your client to not accept new blocks and only build your own chain beginning at the time where you had 51%
 - wait...

obviously its simplyfied (also depends on the implementation)...but as always with basic logic flaws: you cant solve it buy building on top of it...

but i guess you get the point... need a beer now... germany WON!!!!

Work is progressing quite rapidly on a funding system where everyone will be able to fund specific features / tasks. The main reason for donations at present is to enable us and some of the other devs to allocate much larger blocks of time to Monero on an ongoing basis until that system is ready to go:)

Could anyone tell me how to check my monero address on the blockchain explorer?
I sent 1xmr to poloniex, how do I check it? I checked the xmr address at minergate.com, it says hash not found.
How long does it take to transfer xmr?

Polo is like a ghost town these days. OVer 100 BTC traded on MP

Thus far we have received well under 1 BTC in donations, a trivial amount. That means that all of our time and energy and effort is completely self-funded.

We are not sitting on mountains of XMR, this is a cryptocurrency that had an absolutely 100% fair launch. Given the current size of the cryptocurrency market I would argue that it had an even fairer launch than Bitcoin, because tons of people jumped on and mined it from day 1. We had no opportunity to amass any sizeable amount of XMR. Thus, our entire effort is a labour of love and completely because we want to see XMR become useful. If we get no donations, we are unable to spend large amounts of time on it, and we will have to peck away at it in our spare time. If you want to see less "sluggishness" (i.e. more time allocated), then donate. If you haven't donated you have absolutely no room to manoeuvre in this discussion.