would be fun if someone put up a bounty on BCX personal details.
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UPDATE: Please consider SOLO mining, if you have to use pool make sure to use backups. BCX will try to DDOS pools in order to gain more control of the network so he more easily pull of the attack. BCX took down poloniex just minutes ago.
Instructions for solo mining with private pool here
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------------------------------------------------------------------------------------------------------------------------------------------------------- The only way to defeat the BCX attack, is by pure hash power. I have analyzed this whole situation over the past days and only come to one conclusion. To win this war, in practical we need to put up as much hashing power possible. There is no programming error that can cause any double spend, as long as the hashing power is distributed we will all be safe. Consensus always wins. To secure Monero and earn XMR from mining: 1. Put all your mining rigs on XMR. 2. If you do not have a mining rig, start cloud mining. We need as many people as possible to turn hash rate to Monero. Here is a guide for cloud mining Monero written by jwinterm. It assumes you have setup an account at https://aws.amazon.com/ec2/ and linked your credit card. 1) Click on EC2, and then click on Spot Requests under Instances on left sidebar. 2) Click Request Spot Instances blue button near top, and then click Community AMIs and search for XMRminer. Select XMRminer2. 3) For Instance Type, select GPU instances g2.2xlarge, click next and set your maximum price (kind of expensive now, need to do like $0.09 per hour, used to be more like $0.06). 4) Click Review and Launch and then click Launch. At this point you need to setup your ssh keys. I did this a while ago, so I don't remember exact details, but it should be pretty straightforward. Here is a link to Amazon's official tutorial on key pair creation: http://docs.aws.amazon.com/AWSEC2/latest/UserGuide/ec2-key-pairs.htmlLet me know if you have issues. 5) Make yourself a cup of tea and wait 30-120 seconds while your instance is prepared. 6) You'll need to ssh into your instance. On Linux you just put your ssh keys in ~/.ssh and set permissions for 400 (I think), and if you ssh from that folder, that's all you need to do. I think on Windows, using Putty, you need to maybe convert the key to putty's format using an extra putty tool. Let me know if you need additional help with this. Here are Amazon's official links on how to connect if you're having trouble: ssh/Linux - http://docs.aws.amazon.com/AWSEC2/latest/UserGuide/AccessingInstancesLinux.html Putty/Windows - http://docs.aws.amazon.com/AWSEC2/latest/UserGuide/putty.htmlMore Putty - http://docs.aws.amazon.com/gettingstarted/latest/wah-linux/getting-started-deploy-app-connect.html7) Click on Instances in the left sidebar, and you should see a g2.2xlarge instance with green circle that says running. Click that and then click Connect at the top, and it should give you your IP address to connect to with some instructions. 8 ) On Linux your ssh command should look like: ssh -i aws1.pem ubuntu@54.191.192.111 Use ubuntu as user not root. 9) Maybe it's more like 180-300 seconds. Drink some tea while waiting. 10) When it prompts you to permanently add key, click "yes". 11) Now, you need to edit cpustart.sh and gpustart.sh in your home directory using either vi or nano, unless you want to mine to my XMR address It looks like if you want to mine directly to exchange, just replace my XMR address in both files with YourExchangeXMRAddress.YourExchangePaymentID. 12) You need to run two commands, one to make gpuminer work, and other to make cpuminer much faster: sudo ldconfig /usr/local/cuda-5.5/lib64 sudo sysctl -w vm.nr_hugepages=24 13) I just made another script called start.sh to launch both miners at once, and it seems to work. So do: then vi or nano start.sh and add: #!/bin/bash screen /home/ubuntu/cpustart.sh screen /home/ubuntu/gpustart.sh then: and then launch with: You need the screen so that when you disconnect your ssh session, the miners keep mining. That's it. You can disconnect and both miners should be hashing away. You can ssh back in and run and you should see minerd and ccminer listed in the processes somewhere near the bottom. If you want to launch a shitload of instances, then obviously you want to automate this process and not do it manually every time. In this case, you need to make sure you edit the files so that they have your XMR address and not mine, and create the start.sh script in home directory, then edit the rc.local file by doing: and add the following lines: ldconfig /usr/local/cuda-5.5/lib64 sysctl -w vm.nr_hugepages=24 screen /home/ubuntu/start.sh This way, as soon as the instance boots up, it should autolaunch the miners. I haven't tried this final automation part (as I don't normally launch a shitload of instances), but I think this should work, and I'm gonna verify it now. Now, go back to your EC2 console, right-click on the g2.2xlarge instance in your Instances window, and select Create Image. This will sever your connection and cause a reboot, but you will now have your own image/AMI that you can launch 10s or 100s or 1000s of, just by entering however many instances you want when filling out your spot request form. I just tried the rc.local thing, and it seems to auto-launch ccminer and minerd Current hash rate: 16,655,833 H / s UPDATE: Please consider SOLO mining, if you have to use pool make sure to use backups. BCX will try to DDOS pools in order to gain more control of the network in order to successfully execute the attack. BCX took down poloniex just minutes ago. Instructions for solo mining with private pool here
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My understanding is that it was a scam from the start. But it was soon taken over by present developers. It has not been a scam since then. It is prospering.
While I will say I have no clue in the facts around Monero, statements like this give me zero confidence. Scam me once shame on you, scam me twice shame on me. We inherently know nothing about the devs that support these coins or their motives. Highly unlikely any of them will stick around if they become wealthy off the early growth of a coin. Yes we know the devs of Monero. They are public faces. Visit #monero-dev on freenode and check out the community of developers, even bitcoin developers use this channel. Here is another good readWhy are you posting stuff you have no clue about? People like you should not be permitted to use internet.
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These Monero spam threads are annoying even for a Monero buyer like me, nontheless I think it's a great opportunity to buy every Monero I can under 0.004. BUY BUY BUY
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Is this only trolling to make XMR look bad? BCX stated he was talking with Cryptsy to try to add XMR. https://bitcointalk.org/index.php?topic=709197.msg8038023#msg8038023 7) I think MRO has potential and more importantly Bitjohn has indicated to me that Cryptsy will implement MRO as soon as the technical situation is worked out. So mine and buy up people Crypto is evolving. ~BCX~
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Ristos little baby XMR is going to rally at any time now. So much fight, talk, troll about it yet it is a coin that has attracted a lot of early bitcoiners with the anonymous mentality. The whole altcoin section of this forum is like a war of children screaming for attention by the one who can troll the most. Monero featured in LetsTalkBitcoin podcast here, around 20 minutes in: https://www.youtube.com/watch?v=0qEi5fQcVaki tried to mine it once, but never got any of it, stopped caring after that. I am not a miner myself, just amazed by the fact that XMR have really brilliant crypto graphers such as Wladimir van der Laan (lead developer of Bitcoin, took over after Gavin), Gregory Maxwell, nanotube, phantomcircuit and others involved. Although I am not a developer myself, but seeing the core developers of Bitcoin uniting behind XMR is unique to me and speaks a lot of about the anonymous tech. Honest question, how are they involved? Are they the lead developers for Monero? or are they just contributing code here and there? One thing I've noticed is whenever alt coins are brought up on this thread its usually right before a big dump. Important information regarding development is usually on IRC network freenode. #monero-dev is the place where you can see the names currently sitting in the IRC channel. I don't think they have time to do a lot of development on Monero, they just view it as amazing technology and support the development of it. I don't regard Monero as a pump n dump, sure it will have bubbles like everything else. But I believe it is a longterm coin, and this is the only altcoin I have ever decided to invest in besides LTC. There was a reason Darkcoin rised so hard, the demand for anonymity is strong on the whole internet, but the fall of Darkcoin I associate with both the branding name and the tech it self. There is a whole story around this and for sure there is going to be that one anonymous coin in the feature. There will be a winner in the war for anonymity. I advise you to research more about the fundamentals behind the technology, the technology is what gives any altcoin value. Moneros technology which is built on that the blockchain cannot be analysed and for example if I post an XMR address here, you cannot go and look up how much I have recieved and where I sent it, UNLESS I give you permission = the viewkey. This is the coin that will defeat the stupid AML and KYC laws Bitcoin exchanges are forced to use. The regulators will understand that they are impossible to enforce.
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Ristos little baby XMR is going to rally at any time now. So much fight, talk, troll about it yet it is a coin that has attracted a lot of early bitcoiners with the anonymous mentality. The whole altcoin section of this forum is like a war of children screaming for attention by the one who can troll the most. Monero featured in LetsTalkBitcoin podcast here, around 20 minutes in: https://www.youtube.com/watch?v=0qEi5fQcVaki tried to mine it once, but never got any of it, stopped caring after that. I am not a miner myself, just amazed by the fact that XMR have really brilliant crypto graphers such as Wladimir van der Laan (lead developer of Bitcoin, took over after Gavin), Gregory Maxwell, nanotube, phantomcircuit and others involved. Although I am not a developer myself, but seeing the core developers of Bitcoin uniting behind XMR is unique to me and speaks a lot of about the anonymous tech.
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XMR has been stable for a while, and in crypo a long period of a stable price usually means a spike is coming.
Yes, there must be a reason why we have not gone lower. The longterm uptrend looks very solid and real to me. Especially with Monero featured on LetsTalkBitcoin. This podcast will hopefully lead to people researching and finding out the truth about XMR.
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Ristos little baby XMR is going to rally at any time now. So much fight, talk, troll about it yet it is a coin that has attracted a lot of early bitcoiners with the anonymous mentality. The whole altcoin section of this forum is like a war of children screaming for attention by the one who can troll the most. Monero featured in LetsTalkBitcoin podcast here, around 20 minutes in: https://www.youtube.com/watch?v=0qEi5fQcVak
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Monero have been the highest trading volume pair for a long time over at exchange poloniex, it is very easy to understand why it is so fundamentally good, XMR could very well be the coin that gets used a lot in countries where BTC is forbidden or made illegal, XMR could shine in russia for example if BTC is going to be banned in russia by 2014 and it has attracted a lot of early bitcoiners as well, and by this I mean core developers who have taken a look at other coins with the underlying technology and chosen Monero over a lot of others.
Do you actually think that in such case Russian will ban only BTC? No. But harder to stop adoption of XMR, due to the fact that blockchain analysis is not possible. If I want to get paid in XMR I post an address here, and you cannot go look it up and see how much I have received and where I spent it. UNLESS I give you permission.
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Monero have been the highest trading volume pair for a long time over at exchange poloniex, it is very easy to understand why it is so fundamentally good, XMR could very well be the coin that gets used a lot in countries where BTC is forbidden or made illegal, XMR could shine in russia for example if BTC is going to be banned in russia by 2014 and it has attracted a lot of early bitcoiners as well, and by this I mean core developers who have taken a look at other coins with the underlying technology and chosen Monero over a lot of others.
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I see it as there is one evil force supporting Bytecoin. While XMR is the good guys. Although I am XMR investor myself, I really believe we should push for anonymity and therefore unite behind XMR when it's not 85% premined like Bytecoin.
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Episode about CryptoNote: https://www.youtube.com/watch?v=0qEi5fQcVak - 20 minute in. rethink-your-strategy was one of the first to talk about Moneros legitimacy. https://bitcointalk.org/index.php?topic=740112.0cr_zoidberg one of the developers of Boolberry, made a lot of commits: https://github.com/cryptozoidberg/boolberry/commitsI am looking forward to a technical episode of LetsTalkBitcoin talking about the CryptoNote tech in general and it's legitimacy recognized by mathematicians and developers around the world along with comparison of CryptoNote v.s other anon technologies. More suggestions to honor developers of the CryptoNote protocol is welcome. Poll run for 7 days, so until next Monday. You can change your vote at any time.
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Also please remember that Darkcoin did very out of keeping its Darksend closed source for so long. it was in the top five cryptocoins by market capitalisation for a good while and it's still currently listed as in eighth place. The ANC devs aim to have Zerocoin on the main-net in about six weeks time. Why not start to release the code then with an eight week lag. Instead of the two week lag starting on September the 17th.
I would just waste my time on Monero, which is open source and working. Open source is a criteria for me to even consider investing. Please lets try to focus on anonymity as a community in general, the right to privacy is the most basic right we have and it shall not be taken away from us.
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Not sure if this is to OT, but what's your take on SuperNET? I have tried to coax some sensible answer out of the people in the supernet and btcd threads, but honestly, it all seems to be techo-gibber to me. No meaning at all. But everyone claims that there's so much behind it - even though nobody seems to understand what. It all hinges on that single guy (jk777 or whatever) which seems to be extremely productive in terms of coding and extremely incapable in terms of communication... maybe this helps you? just posted in BTCD thread Looks simple. With the centralization of coinomat.com company behind It's not a currency (disclosure: I am here to invest in currencies not companies), it's like 50 company coins / assets built into 1 who is gonna buy all that? , most likely everyone will fail, you cannot launch the same thing all over again with the same company behind it.
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It is impossible to trust zerocoin, because the developer have to create a kind of password and we have to trust him to destroy this, if he keep a copy of it he can create unlimited anoncoins. Therefore I will never be able to fully trust anoncoin.
Ring signatures are the future. Take a look at Monero.
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